RBNZ Preview: Forecasts from six major banks, surprising with a double shot hike? RBNZ NZDUSD NewZealand Macroeconomics Banks
elease time, here are the expectations as forecast by the economists and researchers of six major banks.
is not an adequate reason for hiking less aggressively at this stage. Officials should tighten policy to slow growth sufficient to re-anchor inflation expectations.”“We expect the RBNZ to hike the OCR by 25bps to 1.25% and maintain a hawkish stance. While we see a risk of a 50bps hike at this meeting, we maintain our view of a 25bps hike for the following reasons.
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