Westpac RBNZ forecast – updated further

Westpac now forecasting the RBNZ is on hold until June 2015 (they were previously at a January 2015 forecast)

• Looking now for a total of 75 basis points in hikes in 2015 (from 100 bps expected previously for 2015)

(earlier report here, now amended: Westpac forecasts next RBNZ rate hike in March 2015)

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More from New Zealand this morning here:

• TD Securities change their forecast for the next RBNZ rate rise

• ASB says to expect a more drawn out tightening cycle

• New Zealand dollar traders – Reserve Bank of New Zealand announcement due at 2100GMT
• Technical Analysis: A Preview of the RBNZ Decision and Technical Levels
• RBNZ’s Wheeler speaking now: Rate pause has nothing to do with election
• Reserve Bank of New Zealand – leaves rates unchanged
• RBNZ: A Comparison of the Statements (July and September)
• Call for lower currency but more tightening to come has NZDUSD bouncing around
• Westpac forecasts next RBNZ rate hike in March 2015