RBNZ seen leaning toward pause at October meeting
Market talk cites ANZ economist Matthew Galt saying the RBNZ was non-committal in September but leaned toward pausing the next rate hike at October.
The Reserve Bank of New Zealand was non-committal at its September policy meeting on when the next interest rate hike might come, but it was clearly leaning toward a pause at the October meeting, according to Matthew Galt, an economist at ANZ. Global developments since then have been pointing to that outcome.