RBNZ: Terminal rate forecast of 5.50% to be achieved by July – TDS

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RBNZ: Terminal rate forecast of 5.50% to be achieved by July – TDS RBNZ InterestRate NewZealand Banks

and hiked its cash rate 50 bps as expected, but a 75 bps hike was considered as the alternative option.”

“Our new call has us forecasting the RBNZ hiking the OCR an additional 50 bps, in 25 bps clips at its May and July meetings, taking terminal to 5.50%.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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