The Reserve Bank of New Zealand will announce its interest rate decision on Wednesday at 02:00 GMT with the press conference following one hour later. The market is overwhelmingly expecting no change in the cash rate as it is currently assigning just a 2% probability of a 25bps rate cut.
The Post-Covid Economy — Pundit pundit.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pundit.co.nz Daily Mail and Mail on Sunday newspapers.
US CPI runs hot for a 3rd month; headline rises. Implied probability of a June Fed cut falls from 50/50 to below 20%. RBNZ hold decision passes with minimal reaction; balanced view maintained
NZ dollar climbs ahead of RBNZ rate decision marketpulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketpulse.com Daily Mail and Mail on Sunday newspapers.