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Westpac forecast 3 rate hikes from the RBNZ by the end of this year

Westpac forecast 3 rate hikes from the RBNZ by the end of this year

Central Banks
Eamonn Sheridan
16/07/2021 | 03:18 GMT

NZD/USD is trading back towards 0.7020

Westpac have now projected 3 rate hikes (+25bps each time) by the end of 2021, helping the kiwi along.

Reserve Bank of New Zealand meeting through to the end of this year:

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