RBNZ set to hold interest rate, keeping options open as inflation risks build

The Reserve Bank of New Zealand (RBNZ) is set to extend the pause on its current interest rate-cutting cycle for the second consecutive meeting on Wednesday, leaving the Official Cash Rate (OCR) unadjusted at 2.25%, as the Iran war adds uncertainty to the economic and inflation outlook. The Reserve Bank of New Zealand is set to hold the… The Reserve Bank of New Zealand (RBNZ) is set to extend the pause on its current interest rate-cutting cycle for the second consecutive meeting on Wednesday, leaving the Official Cash Rate (OCR) unadjusted at 2.25%, as the Iran war adds uncertainty to the economic and inflation outlook. The Reserve Bank of New Zealand is set to hold the key interest rate at 2.25% for a second straight meeting on Wednesday.The RBNZ’s Monetary Policy Review and Governor Breman’s words will be closely scrutinized for policy guidance.The New Zealand Dollar is expected to rock in reaction to the RBNZ policy announcements.The Reserve Bank of New Zealand (RBNZ) is set to extend the pause on its current interest rate-cutting cycle… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.