An already priced-in rate-hike is generally expected to come in June after the meeting of the Reserve Bank of New Zealand (RBNZ), although a question mark remains over the next steps of the central bank. Markets are betting on a postponed rate-hike until after June's meeting, with the consensus being for a hike at the end of 2014. As the RBNZ informed earlier, it expects around 200 basis points to be delivered on official cash rate (OCR) hikes in two years, with a third now expected on Wednesday by 25 basis points. The main focus has now turned to this third hike, and to discussions over whether it could come after ... (full story)