Week Ahead - NZDUSD May 22nd, 2022

154
Events:

US - FOMC Minute
US - core PCE Inflation
US - FED Speakers

FED is expected to raise interest rates by 50bp at the next meeting. Keep an eye out for dovish members warming up to the idea of a 75bp hike instead. Doves turning more hawkish.


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NZD - RBNZ rates decision

Close to a 50bp hike is priced in. Expect a move in NZD if they only raise by 25bp.

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