Derived Data That Drive Results
By Krishna K — Aug 13 - 09:30 PM
RBNZ to announce rate decision, OCR projections at 0200 GMT/1400 NZ time
Monetary Policy Statement media conference starts at 0300 GMT
Majority of economists expect central bank to hold rates at 5.50%
RBNZ seen paving way for an easing in Oct on waning inflation, weak growth
Rate cut won't surprise, swaps implying 69% probability of 25 bps reduction
Guidance, updated OCR forecasts key - may be significantly lowered
RBNZ's growth projections for 2024 and CPI forecasts will be updated
For more click on FXBUZ
Reuters poll - Reserve Bank of New Zealand policy rate forecasts: Click here
Source:
Refinitiv IFR Research/Market Commentary
