The RBNZ decision is announced on Thursday (January 30).
Interest rate decision and statement due at 2000GMT (2000GMT Wednesday January 29) (Warning … may be overshadowed by the FOMC an hour earlier …
)
From the Bank of New Zealand, what they are expecting, in summary:
- Economic case for rate hike Thursday compelling & overwhelming in BNZ’s view
- But still expect Wheeler to hold fire, sufficing with tough talk
- Elaborating in his speech due Friday lunch-time
- PSI, at 57.5, affirms strong growth pulse
The full text of the BNZ market outlook is here BNZ 27JAN2014 Outlook
