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Westpac Revise RBNZ Call, Now See No Change This Week

RBNZ
  • Following the discovery of community transmission and the nationwide lockdown, Westpac revise their call for a rate hike from the RBNZ this week (decision due tomorrow) and now see policy unchanged.
  • Westpac and the broad consensus was for a 25bps hike to 0.50%.

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