Kiwibank has revised its rate-hike forecast for the RBNZ to 2% in November (2022)

Author: Eamonn Sheridan | Category: Central Banks

Kiwibank economists expect the Reserve Bank of New Zealand official cash rate to hit 2% in November next year.

  • from a prior forecast of 1.5%
Kiwibank economists see inflation continuing higher, with the latest CPI result to prompt further tightening from the Bank. The economists see the CPI hitting a peak at 6% .

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