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RBNZ policy meeting Wednesday - preview - "little change to the neutral guidance"

Started by forex4you, Jul 09, 2024, 06:29 am

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RBNZ policy meeting Wednesday - preview - "little change to the neutral guidance"

The Reserve Bank of New Zealand announce their decision at 2pm New Zealand time on Wednesday the 10th July

  • which is is 0200 GMT on the 10th
  • and 2200 US Eastern time on the 9th

Earlier previews are here, no change to the cash rate is expected:

A snippet via Bank of America, also in the 'no change' camp:

  • We expect rates on hold and very little changes to the neutral guidance.
  • Economic data has been very weak and inflation expectations have eased further.
  • Labour market outcomes and Q2 CPI will be the key events ahead.


                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: RBNZ policy meeting Wednesday - preview - "little change to the neutral guidance"

forexlive.com
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