Two people walk towards the entrance of the Reserve Bank of New Zealand located in the New Zealand capital city of Wellington, in this March 22 photo. A rate cut is considered almost a certainty when the New Zealand central bank meets this week, a move that seems at odds with the Pacific island nation’s economy which is charging ahead amid a population and housing boom.

    A recent run of upbeat activity data have underlined the economy’s vigor, yet inflation still remains far too low for comfort, forcing the Reserve Bank of New Zealand to ease again to avoid an unwelcome spiral into deflation.SD-Agencies