I was thinking the RBNZ would remain on hold again today but the consensus is looking for a hike, so I guess I’m gonna cave in and accept it.
Previews, not all looking for a hike:
RBNZ set to hike rates to 2.50% on July 8 as inflation persists, poll showsANZ expects RBNZ to hike OCR to 2.50% despite sharp oil price fallNew Zealand dollar gains seen limited even if RBNZ hikes this weekASB backs RBNZ hold in JulyNZIER shadow board split as RBNZ rate call turns line-ball for JulyPreview: RBNZ tipped to hike 25bp in July as oil slide clouds tightening outlookRBNZ preview: Westpac see July 8 rate hold. Tightening cycle still in effect, pared back
This article was written by Eamonn Sheridan at investinglive.com.