22 of 28 Economists Expect RBNZ to Hike 25bp on July 8

According to a Reuters survey, 22 of 28 economists expect the Reserve Bank of New Zealand (RBNZ) to raise its official cash rate by 25 basis points on July 8. Among 26 surveyed economists, 14 predicted a further 25bp increase before end-September, bringing the final rate to 2.75%.
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