– The RBNZ is expected to leave OCR unchanged at 2.5% at the April OCR Review (Wednesday 24th April).
– The balancing act between the high NZD and housing market pressures is becoming even tougher.
– We expect the RBNZ to leave the OCR on hold until March 2014, given the subdued inflation environment.
Click here to read the full report: Market Research
Commonwealth Bank