Financial News: New Zealand Interest Rate Decision Due On Wednesday

New Zealand Interest Rate Decision Due On Wednesday

07/08/2025 - 18:00:00 (RTTNews)

(RTTNews) - The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBNZ is expected to hold its Official Cash Rate steady at 3.25 percent.

Australia will release May figures for building approvals, with forecasts suggesting an increase of 3.2 percent on month and 8.0 percent on year following the 4.1 percent monthly decline and the 12.0 percent yearly gain in April.

Japan will see June numbers for its M2 money stock, with forecasts suggesting an increase of 0.2 percent on year - easing from 0.6 percent in May.

China will provide June data for consumer and producer prices. Overall inflation is expected to slip 0.1 percent on year for the second straight month, while producer prices are expected to fall an annual 3.2 percent after slipping 3.3 percent a month earlier.

Indonesia will see May numbers for retail sales; in April, sales were down 0.3 percent on year.

The central bank in Malaysia will conclude its monetary policy meeting and announce its decision on interest rates; the bank is expected to keep its benchmark lending rate steady at 3.00 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Australia Building Permits Climb 3.2% On Month In May (03 min(s), 15 sec(s) ago)
(RTTNews) - The total number of building permits issued in Australia was up a seasonally adjusted ...Full Story»

China Inflation Slips 0.1% On Month In June (57 min(s), 15 sec(s) ago)
(RTTNews) - Consumer prices in China were down a seasonally adjusted 0.1 percent on month in June, ...Full Story»

Japan M2 Money Stock Jumps 0.9% On Year In June (35 min(s), 15 sec(s) ago)
(RTTNews) - The M2 money stock was up 0.9 percent on year in June, the Bank of Japan said on Wedne ...Full Story»

New Zealand Interest Rate Decision Due On Wednesday (20 min(s), 15 sec(s) ago)
(RTTNews) - The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday ...Full Story»

American Households' Inflation Expectations Steady; More Optimism On Finances: NY Fed Survey (22 min(s), 15 sec(s) ago)
(RTTNews) - U.S. households' inflation expectations were largely unchanged in June and they we ...Full Story»

Three-Year Note Auction Attracts Below Average Demand (27 min(s), 15 sec(s) ago)
(RTTNews) - The Treasury Department kicked off this week's series of announcements of the resu ...Full Story»

Latvia Inflation Rises To 3.8% (39 min(s), 15 sec(s) ago)
(RTTNews) - Latvia's consumer price inflation increased slightly in June after easing in the p ...Full Story»

Taiwan Inflation Lowest In Over 4 Years, Trade Surplus Grows (24 min(s), 15 sec(s) ago)
(RTTNews) - Taiwan's consumer price inflation eased in June to the lowest level in more than f ...Full Story»