The Reserve Bank of New Zealand meet next week, Wednesday November 29 with the announcement due at 2pm local time0100 GMT2000 US Eastern time on TuesdayThe market consensus is that the Bank will hold its cash rate at 5.50% for the fourth consecutive meeting. Despite inflation remaining well above the Bank's 1-3% target range at 5.6% y/y for the latest reading. With such persistent and sticky inflation the RBNZ will remain hawkish.ANZ: "We expect the Reserve Bank to carefully leave all its options open and stress the next move in rates could be up or down and they're in data-dependent modeGiven the most recent data, they're probably a little less worried than they were. But there is stil
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