BNZ Bank now forecasts the RBNZ to hike rates in July

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BNZ Bank now forecasts the RBNZ to hike rates in July

BoJ official says financial conditions remain easy in Japan, underpinning economic activity, while Japan's job and income conditions are improving moderately

RBNZ keeps OCR at 2.25%, as expected, while it stated the OCR will most likely need to increase sooner and by more than envisaged in the February Monetary Policy Statement

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