OCR Preview Survey: all eyes on inflation comments

Sharon Zollner

TMM's preview survey, conducted ahead of this week's Monetary Policy Statement and OCR decision, reveals a unanimous view that the central bank rate will be kept at 0.25%.

Economists are on the lookout for any mention of future interest rate hikes driven by inflationary pressure.

The central bank is predicted to revise up its forecasts for GDP, employment, and inflation, factors likely to increase the odds of rising rates in the next year. 

ANZ's Sharon Zollner said the RBNZ would acknowledge stronger data, but believes "tightening is far off".