NZD/USD: RBNZ needs to deliver 50bps hike and hawkish guidance to strengthen the kiwi – MUFG NZDUSD RBNZ Banks
High hurdle remains for a hawkish RBNZ policy surprise
“In light of higher inflation, tighter labour market conditions, the buoyant housing market, and long gap since the last RBNZ policy meeting, we believe there is a high risk of a 0.50 point hike. It poses some upside risk for the NZD in the near-term.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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