Preview of RBNZ May 2024 Monetary Policy Statement
Preview of RBNZ May 2024 Monetary Policy Statement
From westpac.co.nz
We expect the RBNZ will leave the OCR at 5.5% at its May Monetary Policy Statement. � The RBNZ will likely remain comfortable with the forward outlook communicated in the February Monetary Policy Statement. � We don�t see a significant change in the RBNZ�s projections for the OCR � easing still looks like a 2025 affair. � Weaker than expected GDP growth and numerous indications of a flat economy should …