Reserve Bank of New Zealand expected to leave rates on hold

CommSec’s Tom Piotrowski says the Reserve Bank of New Zealand is “likely to leave rates on hold” today. The Reserve Bank of New Zealand will meet on Wednesday for the second time this year to decide the official cash rate. “They are likely to leave rates on hold,” Mr Piotrowski told Sky News Australia. “But their commentary will be valuable in terms of just assessing where they are in the trajectory, where interest rates are concerned,” he said. Presented by CommSec.