Published 2 years ago

Double rate hike due this week, but what will RBNZ message be?

Summary by Ground News

The Reserve Bank's forecasts will hold more interest than the actual rate call next Wednesday. Another 50-basis-point hike to the Official Cash Rate - taking it to 3 per cent - is considered a near certainty. Financial markets are trying to front-run the central bank in the other direction, pricing a lower peak in the OCR cycle.

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NZ Herald

Double rate hike due this week, but what will RBNZ message be?

With the economy in a holding pattern while inflationary and recessionary forces grapple for ascendancy, the Reserve Bank's forecasts will hold more interest than the actual rate call next Wednesday. Another ...

2 years ago·Auckland, New Zealand

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