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RBNZ is seen raising rates by Q3 2019 – Reuters Poll

The Reserve Bank of New Zealand (RBNZ) is seen maintaining the status quo later this week and will likely lift rates by the third quarter of 2019, the latest Reuters poll showed.  

Key points

All 16 economists in poll see RBNZ holding cash rates at 1.75 percent on June 28.  

8 of 14 economists surveyed forecast rate hike by Q3 2019.  

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