RBNZ policy decision due Wednesday, 25 May 2022 - Previews and NZD outlook

The Reserve Bank of New Zealand monetary policy decision is announced at 0200 GMT.

• Reserve Bank of New Zealand Governor Orr press conference follows at 0300 GMT

Previews posted earlier:

• RBNZ to hike cash rate by 50bp
• Reserve Bank of New Zealand - 50bp interest rate hike coming
• RBNZ expected to raise its cash rate by 50bps this week
• NZDUSD trades marginally lower as traders await the RBNZ rate decision

• PREVIEW: RBNZ Rate Decision Scheduled on Wednesday 25th May at 03:00BST/22:00EDT

BNZ on the kiwi$:

• As for any possible NZD reaction, our usual missive is to fade any near-term reaction, as RBNZ policy is not a key driver of the path forward for the NZD. The Bank’s decision will be long forgotten by Thursday and we’ll be back monitoring the copious global risks that continue to overhang the economy and NZD outlook.