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Treasurys Watch Stocks

Forex News RBNZ expected to hold rates steady but economists acknowledge chances of rate cut also good; 10 of 14 economists polled by Dow Jones Newswires tip official cash rate to remain unchanged but say it's likely to be a tight call with market pricing in 45% chance of rate cut. RBNZ caught between sharp economic slowdown, inflationary pressures; "There is no question the economy is in strife. But (the RBNZ) is equally in strife in achieving its inflation mandate," says BNZ head of research Stephen Toplis. Deutsche Bank chief economist Darren Gibbs, who tips easing this week, says economy weaker than central bank expects. Rate cut would mark first easing since 2003.



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