NZIER shadow board recommends a 25bp lower at this week's assembly

No shock right here from the NZIER shadow board, the place the bulk recommends a 25bp lower from the RBNZ this week.

Final week a Reuters ballot confirmed 28 of 30 economists count on the Reserve Financial institution of New Zealand to chop the money price to three% on August 20.

Here’s a fast snapshot of the upcoming central financial institution assembly expectations I posted earlier.

This text was written by Arno V Venter at investinglive.com.