Reserve Bank of NZ seen holding rates at Thursday’s policy meeting: Reuters poll

WELLINGTON (Reuters) – The Reserve Bank of New Zealand (RBNZ) is widely expected to keep its cash rate at a record low 1.75 percent at its monetary policy meeting on Thursday, a Reuters poll of economists found.

All 16 economists forecast the RBNZ would hold rates on May 10. And all but one of the 15 economists who made projections beyond Thursday expect the bank to keep rates on hold until the end of 2018.

Eight of 14 economists thought the bank would hike rates by the end of the third quarter of 2019.

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