The basically unanimous consensus expectation is for the RBNZ cash rate to remain on hold at 5.5%.
The statement is due at 2pm New Zealand time:
- 0200 GMT Wednesday
- and 10pm Tuesday US Eastern time
RBNZ Governor Orr will hold a press conference an hour later.
Previews posted earlier are here with a couple of items to watch for:
- Reserve Bank of New Zealand ‘shadow board’ monetary policy preview – suggests on hold
- Reserve Bank of New Zealand meet Wednesday – on hold expected – preview
This article was written by Eamonn Sheridan at www.forexlive.com. Source