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New Zealand Rate Decision On Tap For Wednesday

Por: RTTNews Business May 24, 2023

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The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity.The RBNZ is expected to hike its Official Cash Rate by 25 basis points, from 5.25 percent to 5.50 percent.New Zealand also will see Q1 results for retail sales, with forecasts suggesting an increase of 0.2 percent on quarter following the 0.6 percent... + full article



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