The Reserve Bank of New Zealand (RBNZ) will wrap up its latest meeting at 01:00 GMT Wednesday. A rate increase is definitely on the menu, the question is whether it will be a ‘single’ rate hike of 25 basis points or a ‘double’. Market pricing is split between the two. There’s no real reason why the central bank should go for a ‘double’ hike with so many risks still on the radar, which leaves room for disappointment in the FX arena.
0:53 Reasons for a rate hike
1:36 Double Rate Hike?
2:58 Broader Outlook
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