UBS changes its call on the RBNZ - to hike in May '19 (from Nov. '18) - ConsultFX

UBS changes its call on the RBNZ - to hike in May '19 (from Nov. '18)

UBS had been forecasting an rate hike by the Reserve Bank of New Zealand in November of 2018 - Now pushed that back to May of 2019 - Citing underlying inflation pressures  - middle of 2019 before they are a credible threat to the target mid-point RBNZ will want to see proof inflation is rising due to their