RBNZ Meeting Next Week: No Rate Hike Expected, But Their Bark May Be Worse Than Their Bite
Will the RBNZ Cry Wolf Again? Introduction The Reserve Bank of New Zealand (RBNZ) is set to make a decision on interest rates in the upcoming week. With inflation below the target level of 2%, the RBNZ is under pressure to take action to stimulate the economy. Will they opt to hold rates steady or…