The Reserve Bank of New Zealand announce their decision at 2pm New Zealand time on Wednesday the 10th July
- which is is 0200 GMT on the 10th
- and 2200 US Eastern time on the 9th
Earlier previews are here, no change to the cash rate is expected:
- New Zealand - RBNZ shadow board recommends the Reserve Bank keeps OCR at 5.5% on Wednesda
- RBNZ Monetary Policy Review due Wednesday - "not expecting a whole lot"
- Reserve Bank of New Zealand policy meeting this week - preview (on hold widely expected)
- Reserve Bank of New Zealand policy meeting - rates to be left on hold
A snippet via Bank of America, also in the 'no change' camp:
- We expect rates on hold and very little changes to the neutral guidance.
- Economic data has been very weak and inflation expectations have eased further.
- Labour market outcomes and Q2 CPI will be the key events ahead.
