RBNZ expected to hike OCR to 2.75%
TradingView News says the Reserve Bank of New Zealand is expected to raise the official cash rate to 2.75% at its policy meeting to lower inflation and move toward a more neutral stance, with hawkish guidance likely.
The Reserve Bank of New Zealand is expected to raise the official cash rate by 25 basis points to 2.75% at its policy meeting, citing a need to lower inflation and achieve a more neutral stance.
The hike is likely to be accompanied by hawkish guidance.
An increase in the OCR would come even as unem…