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New Zealand Rate Decision Due On Wednesday

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBNZ is expected to keep its Official Cash Rate steady at 2.25 percent.

New Zealand also will see Q4 data on producer prices. PPI inputs are seen higher by 0.5 percent on quarter, up from 0.2 percent in Q3. Outputs are tipped to rise 0.7 percent, up from 0.6 percent in the three months prior.

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