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Wednesday, April 5, 2023

Fundamental: Reserve Bank of New Zealand is expected to raise its cash rate by +25bp today

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Alert Alert Apr 5, 2023, 8:20am
 
Fundamental: Reserve Bank of New Zealand is expected to raise its cash rate by +25bp today
Reserve Bank of New Zealand announcement is due at 2pm New Zealand time: • 0200 GMT. • 10 pm US Eastern time. Earlier: • Reserve Bank of New Zealand policy decision due today, +25bp rate hike expected. Snippet preview remarks from Westpac: • RBNZ to lift the Official Cash Rate by 25 basis points to 5.00%. • This is also the consensus forecast, while market ...
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