The Traderszone Network

Published in TZ Latest News 9 August, 2016 by The TZ Newswire Staff

Preview of the RBNZ announcement due 2100GMT Wednesday 10 August 2016

That’ll be Thursday morning 11 August 2016  NZ time
– Bloomberg have surveyed 16 analysts/economists, each one of them expect the bank to cut rates by 25bp
The cut is expected on the basis that inflation is too low, and while its expected to start moving higher it’ll do so at too slow a rate.