The Netherlands International: The Reserve Bank of New Zealand may wait for the Federal Reserve to act first.

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ODAILY
08-12
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Odaily Odaily News: The Reserve Bank of New Zealand will announce its interest rate decision on Wednesday. ING Bank expects the result of this meeting to be a very close decision, and the market is divided on whether the bank will cut interest rates by 25 basis points or keep interest rates unchanged. However, ING Bank tends to believe that due to lingering concerns about inflation, the Reserve Bank of New Zealand may still prefer to wait for the Federal Reserve to take the lead and may cut interest rates by 50 basis points in October. Another scenario may be a "hawkish" interest rate cut. (Jinshi)

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