Home RBNZ to hold the door next Wednesday – ANZ
FXStreet News

RBNZ to hold the door next Wednesday – ANZ

Analysts at Australia and New Zealand Banking Group (ANZ) offer a sneak peek at what to expect from next Wednesday’s Reserve Bank of New Zealand (RBNZ) monetary policy decision.  

Key Quotes:

“We expect the RBNZ will leave the OCR on hold at 1.00% next Wednesday, but leave the door open to further cuts.

The Bank will most likely want to let the dust settle a little following August’s surprise 50bp move, but with this pre-emptive Committee nothing is certain.

We continue to forecast three more 25bp cuts (in November, February and May).”

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.