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Poll shows most analysts expect a +25bp RBNZ rate hike on May 24

Via Reuters polling on expectations for the Reserve Bank of New Zealand Official Cash Rate (OCR) ahead. The next meeting of the RBNZ is on Wednesday, May 24 at 2pm local time (0200 GMT and 2200 on Tuesday May 23 US Eastern time)21 of 25 analysts polled expect the RBNZ to raise its official cash rate by 25 bps to 5.50% at its May 24 meetingremaining 4 expect no changeThe largest banks in the country - ANZ, ASB, Bank of New Zealand, Kiwi Bank and Westpac - expect a 25 bps hike14 of 21 forecast rat... Read More

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Posted: May 18 2023, 20:07

Author Name: forexlive

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