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8 Feb 2018
RBNZ's McDermott sees NZD easing on Fed rate hikes
Comments from Reserve Bank of New Zealand Assistant Governor McDermott are crossing the wires via Bloomberg-
- NZD likely to ease as Fed raises rates.
- Can look through CPI volatility as expectations are stable.
- Drop in inflation could trigger a rate cut.
- RBNZ has a neutral view of interest rates.