The Reserve Bank of New Zealand monetary policy meeting is on Thursday this week
I'll have a preview coming up prior to that, but just briefly
Bloomberg's most recent survey shows 18 of 19 economists expect a 25 basis point rate cut from Governor Wheeler
1 of the 19 ... drumroll please ... is expecting a 50bp cut!
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ps. When I say the decision is expected from RBNZ Governor Wheeler ... that's literally true!
Governor of the Reserve Bank of New Zealand, Graeme Wheeler is solely responsible for setting NZ interest rates
Meanwhile ... NZD/USD is still finding support ahead of 0.65. I'm still fancying it lower though
