NZD traders heads up – preview of the RBNZ meeting next week
This is a real quickie via Reuters , their poll of 15 economists:
All 15 forecast the RBNZ on hold rates on March 22
- 13 of the 15 expect rates on hold until the end of 2018
- 6 of 14 economists say the RBNZ will hike rates by the end of Q2 2019
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Separately … these quickies via
ASB
- we continue to expect the RBNZ to leave the OCR on hold until the second half of 2019
And, Westpac:
- Slowing GDP growth reinforces our view that OCR hikes are further away than the market is anticipating.
ANZ:
- The OCR is on hold for some time yet
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More to come on the RBNZ next week
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