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Preview of RBNZ May 2023 Monetary Policy Statement

Preview of RBNZ May 2023 Monetary Policy Statement
More mahi to occur. We expect the Reserve Bank to lift the OCR by 25 basis points to 5.5 percent next week. Fiscal spending and a surge in migration suggests a higher peak in interest rates than signalled in February. The RBNZ may not move immediately to Westpac’s 6 percent OCR peak – but will […] The post Preview of RBNZ May 2023 Monetary Policy Statement appeared first on Action Forex... Read More
Posted: May 19 2023, 15:24
Author Name: actionforex
Views: 111754

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