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22 Apr 2014
RBNZ to hikes rates by 25bp on Thursday - BNZ
FXStreet (Bali) - Raiko Shareef, Currency Strategist at Bank of New Zealand, expects the RBNZ to hike rates by another 25bp on Thursday.
Key Quotes
"We expect the Bank to follow through with another 25bp hike this Thursday, despite the recent strength in the NZ TWI. The case for ongoing OCR increases remains strong, with GDP growth indicators
clearly above trend and a continued rise in business’ pricing intentions."
Key Quotes
"We expect the Bank to follow through with another 25bp hike this Thursday, despite the recent strength in the NZ TWI. The case for ongoing OCR increases remains strong, with GDP growth indicators
clearly above trend and a continued rise in business’ pricing intentions."