RBNZ 25bp rate hike, as widely expected
more to come
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Background to this:
- RBNZ set to hike rates to 2.50% on July 8 as inflation persists, poll shows
- ANZ expects RBNZ to hike OCR to 2.50% despite sharp oil price fall
- New Zealand dollar gains seen limited even if RBNZ hikes this week
- ASB backs RBNZ hold in July
- NZIER shadow board split as RBNZ rate call turns line-ball for July
- Preview: RBNZ tipped to hike 25bp in July as oil slide clouds tightening outlook
- RBNZ preview: Westpac see July 8 rate hold. Tightening cycle still in effect, pared back
This article was written by Eamonn Sheridan at investinglive.com.