RBNZ Review: Talking Tough and Maybe Doing Something

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2022/07/f-nzd68.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2022/07/f-nzd68.jpg 612w, https://www.actionforex.com/wp-content/uploads/2022/07/f-nzd68-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2022/07/f-nzd68-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2022/07/f-nzd68-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>The OCR remained at 5.5% as Westpac and the market had expected. The RBNZ’s projections for the OCR were revised 10bp higher to a peak of 5.69% in September 2024, implying around a 75% chance of a further 25bp rate hike. The projections imply a gradual easing of policy from the first half of 2025. […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/529489-rbnz-review-talking-tough-and-maybe-doing-something/">RBNZ Review: Talking Tough and Maybe Doing Something</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>