BNZ on RBNZ: "adjust our May rate hike call to 50 bps but, hesitantly, keep April at 25"

  • Reserve Bank of New Zealand policy meeting is next week, April 13 local time.

The main points highlighted by BNZ from their preview:

RBNZ will hike its cash rate:

• It will reaffirm the need for monetary conditions to head above neutral

• We adjust our May rate hike call to 50 bps but, hesitantly, keep April at 25

• Uncertainty rages

• Suggesting no clear “right” approach

rbnz 31 March 2022

Top Brokers

Sponsored

General Risk Warning