RBNZ likely to cut interest rates on Thursday

Author: Mike Paterson | Category: Central Banks

So says the latest poll from Reuters

  • 21 out of 24 economists polled expect rate cut of 25 bps to 2.5%
  • polled conducted today 7 Dec

The Reserve Bank of New Zealand last cut OCR in September, the third easing in as many policy reviews and is on track to unwind all of the four 25bps rate hikes made between March-July 2014

What do our Kiwi traders/RBNZ watchers think ?

NZDUSD currently 0.6697

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