Last week ASB shifted their projection to a November cash rate, the first of the big 4 New Zealand banks to do so.

Following today's more hawkish Reserve Bank of New Zealand ASB have now shifted their forecast even close, to August (RBNZ meeting is August 18)

Earlier from ASB:

From Westpac meanwhile:

  • still forecasting November rate hike
  • say the chance of an August hike have risen

Today in New Zealand:

RBNZ schedule ahead:

RBNZ meeting dates 2021