RBNZ's Shock Hold Rattles the Kiwi as the Fed Plays It Safe Before Midterms
The Reserve Bank of New Zealand stuns markets with a surprise rate hold, sending the kiwi dollar tumbling and challenging the global tightening narrative. Plus, the Fed is expected to hold steady days before the midterms, and SK Hynix's blowout earnings light a fire under chip stocks ahead of Big Tech results. In this episode: • New Zealand central bank unexpectedly holds rates, sending the kiwi dollar tumbling — https://www.rbnz.govt.nz/news-and-events/news/2026/10/ocr-held-at-2-75-percent • Federal Reserve widely expected to hold interest rates steady ahead of midterm elections —…
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