Economists say a 25 basis point cut to the Official Cash Rate could be the Reserve Bank's most strategic option.
The central bank will announce its latest review of monetary policy at 2pm.
It's largely expected we'll see a cut from the current rate of 3%, but the size of the reduction isn't clear.
ANZ Chief Economist Sharon Zollner told Ryan Bridge we're just getting into the spring period for the housing market, and the next six weeks will reveal a lot about the rebound.
She says a 25-basis point cut would leave the most options open.
LISTEN ABOVE

Tim Adams: Auckland FC Fan Group Representative previews the A-League Grand Final clash
02:56

Paul Giberd: Social Housing Aotearoa CEO on the social housing overhaul and possible impact on elderly people
04:11

Michael Baker: Otago University Public Health Professor on Pharmac's proposal to expand free flu vaccines
03:43