INVESTINGLIVEEamonn Sheridan
RBNZ expected to hold today but hawkish forecasts to signal rate rises ahead
The RBNZ is expected to hold its OCR at 2.25% at today's Monetary Policy Statement but deliver a hawkish forecast update, with the terminal rate seen rising to around 3.2% as Iran war energy costs threaten to push inflation above 4%. Summary: Source: Westpac Research RBNZ preview
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