Another NZ bank forecasts an RBNZ rate hike in November

Westpac is forecasting a Reserve Bank of New Zealand cash rate hike in November 2021

• then follow-up hikes in February and May of 2022
• and then more tightening over following years

The barrage of RBNZ/NZD/ QSBA New Zealand posts from yesterday:

• In bringing forward its forecast for an RBNZ rate hike in November, BNZ says the time to hike is now

• BNZ now forecast the REBNZ to hike its cash rate in November 2021

• Heads up for NZD traders - the next RBNZ Monetary Policy Review is July 14

• More on NZ banks calling RBNZ rate hikes sooner (ASB forecasting November this year)

• More RBNZ rate hike speculation - sooner rather than later

• ANZ in New Zealand are also calling for RBNZ rate hikes sooner

• NZD/USD on the rise after the QSBO and ASB's RBNZ cash rate hike call

• NZ bank ASB forecasts the RBNZ hiking its cash rate in November this year

• New Zealand QSBO for Q2 2021, business confidence headline 7% (vs. -13% prior)

• NZD traders - heads up for the GDT dairy auction coming up Tuesday London time

• Market pricing for an RBNZ November rate hike is above 70%