ASB Bank now sees RBNZ raising rates in September and December of this year vs prev. forecast of a December hike

ASB Bank's revised outlook indicates a more aggressive stance from the RBNZ, suggesting potential rate hikes in both September and December.

Newsquawk StaffPublished 8 Apr 2026, 03:56 UTCOn the live feed at 03:36 UTC — 1 more headline followed before this page went public

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04:02

US President Trump posted "A big day for World Peace! Iran wants it to happen, they’ve had enough! Likewise, so has everyone else! The United States of America will be helping with the traffic buildup in the Strait of Hormuz"

03:39

[MARKET ANALYSIS] Asia-Pac stocks rallied on the US-Iran two-week ceasefire agreement

03:36

ASB Bank now sees RBNZ raising rates in September and December of this year vs prev. forecast of a December hike

03:26

IATA chief says if Hormuz Strait were to reopen, it will still take a period of months to get where jet fuel supply needs to be

03:09

RBNZ Governor Breman says in online post-meeting press conference that the decision to hold rates was a consensus, adds discussed raising rates at today's meeting but were not close to hiking

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Context

This shift from a single hike in December reflects increased confidence in the economic outlook, likely impacting the NZD and fixed income markets positively. Traders should watch for subsequent market adjustments as expectations solidify surrounding these moves.

Fixed Income · last 90 days

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