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VIEW: ANZ write "given how rapidly the virus...>

RBNZ
RBNZ: VIEW: ANZ write "given how rapidly the virus is spreading, it's entirely
possible we could be looking at OCR cuts in short order, potentially kicking off
as soon as March. But at this stage, we'd say May is more likely. The market is
currently pricing a full cut by August, with a chance of more. We're not quite
over the line to call cuts yet. With uncertainty high, the RBNZ - and we - have
a bit of time to see how things pan out. But frankly, probably not much."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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