Shock Therapy Needed for Kiwi If RBNZ Wants Inflation to Fly

Updated on
  • RBNZ seen cutting rates Thursday and signaling more to come
  • ‘Just meeting market expectations is no longer enough’: ANZ

Graeme Wheeler.

Photographer: Mark Coote/Bloomberg

New Zealand central banker Graeme Wheeler is going to need more than a plain-vanilla rate cut if he wants a weaker local currency.

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