Economists are divided over the Reserve Bank's next move over interest rates, with some arguing it is time to pause and others saying further smaller cuts are needed.
On Thursday, the bank will review the Official Cash Rate rate, which is currently 2.5%. Since July last year, it has been lowered from 8.25% where it was set in July 2007.
Radio New Zealand business reporters say there have been signs recently that the decline in economic activity is slowing, particularly in sectors related to the housing market, along with improving business and consumer confidence.
But the higher New Zealand dollar and lower commodity prices spell clear danger to any budding recovery.
