RBNZ policy meeting Wednesday – preview – “little change to the neutral guidance”

The Reserve Bank of New Zealand announce their decision at 2pm New Zealand time on Wednesday the 10th July

• which is is 0200 GMT on the 10th
• and 2200 US Eastern time on the 9th

Earlier previews are here, no change to the cash rate is expected:

• New Zealand – RBNZ shadow board recommends the Reserve Bank keeps OCR at 5.5% on Wednesda
• RBNZ Monetary Policy Review due Wednesday – “not expecting a whole lot”

• Reserve Bank of New Zealand policy meeting this week – preview (on hold widely expected)
• Reserve Bank of New Zealand policy meeting – rates to be left on hold

A snippet via Bank of America, also in the ‘no change’ camp:

• We expect rates on hold and very little changes to the neutral guidance.
• Economic data has been very weak and inflation expectations have eased further.
• Labour market outcomes and Q2 CPI will be the key events ahead.

This article was written by Eamonn Sheridan at www.forexlive.com.