The RBNZ raised rates for the first time in three years in July, lifting the Official Cash Rate to 2.50% as stubborn inflation and improving business sentiment gave policymakers room to tighten. Tuesday’s Q2 labor market report could now help shape expectations for the August 14 meeting. A resilient jobs picture would keep another hike in play, while signs of lingering slack could strengthen the case for a longer pause. Here's what markets are expecting from the Q2 report: