The RBNZ is widely expected to keep the OCR on hold at 2.75% on Thursday, but some economists suggest the bank should be cutting for the fourth time in a row, as the stronger NZD and a weaker economic outlook justify further easing.
Anemic inflation & China factor are influence the RBNZ statement. Depend on these two factors we expect RBNZ to hold the rate on current level.
Happy Trading.....
Anemic inflation & China factor are influence the RBNZ statement. Depend on these two factors we expect RBNZ to hold the rate on current level.
Happy Trading.....