RBNZ coming up; rates on hold? - BBH

FXStreet (Guatemala) - Analysts at BBH noted that during the North American afternoon today, the RBNZ will announce its policy decision.

Key Quotes:

"It is expected to keep rates steady at 3.5%, but could signal that the tightening cycle is over for now."

"At its last meeting, the RBNZ saw a resumption of rate hikes in H2 2015 vs. H1 2015 previously, but we suspect this start could be pushed further out again or perhaps even dropped in favor of signaling steady rates."