Reserve Bank of New Zealand meet this week (Feb 28) - preview

The Reserve Bank of New Zealand will announce its latest monetary policy decision at 2pm New Zealand time on February 29.

• Which is 0100 GMT and 2000 US Eastern time (on the 27th for the US)

Earlier previews:

• New Zealand's Reserve Bank set to raise interest rates, TD and ANZ forecasts align

• ANZ says the RBNZ has no tolerance for delays in the return of inflation to target

• ASB says RBNZ interest rate hike next week is a real possibility - sees a November cut
• RBNZ meet next week, their bark is likely to be worse than their bite - no hike expected

Analysts at BNZ say the RBNZ To Aggressively Maintain Tight Conditions

• No rate increases needed
• Monetary conditions are tight and doing the work
• RBNZ to strongly signal no relaxation anytime soon
• Last week’s data confirms demand under duress