RBNZ to Leave Rates Unchanged at 2.5%, May Change the 'Middle of 2010' Statement

[Forex-Outlook]

Similar to the consensus, we expect the RBNZ will keep the OCR at 2.5% at the meeting on April 29. Therefore, focus of the meeting is on the central bank's economic outlook as well as its implications on monetary stance. The RBNZ has guided in the post-meeting statement that it...

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