RBNZ seen holding rates in March, some chance of easing by June- Reuters poll

FXStreet (Mumbai) - After today’s rate-on hold policy stance by the Reserve Bank of New Zealand (RBNZ), markets are pricing in a 50% chance of OCR cut by March, while some chances are seen that the central bank will resume easing by June, as per the latest Reuters poll.

Key Points:

Reuters poll-12 out of 13 economists see New Zealand Central Bank holding rates steady at March 10 meeting

Slim majority forecast RBNZ will resume easing by June