Barclays with a quick look at what to expect from the RBNZ meeting on April 30:
- Expects the Reserve Bank of New Zealand to keep the cash rate on hold at 3.5%
- & Also to retain a neutral bias
(this is curious given the speech from RBNZ assistant Governor McDermott last week which a lot of analysts have read as indicating the bank may switch to an easing bias - I'll have more on this soon)
