News list for " expect next week"

ANZ Bank: New Zealand Fed is expected to cut interest rates by 50 basis points next week

ANZ said that we expect the Reserve Bank of New Zealand to cut interest rates by 50 basis points to 4.25% next week. This would be in line with the Reserve Bank of New Zealand's October message, economists' forecasts and market pricing. Data since the October monetary policy review has been mixed, but it looks like no data could disrupt plans. Data will make a decision after this meeting, but as the official cash rate (OCR) is closer to neutral, our base expectation is that the Reserve Bank of N...

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2024-11-22 10:44:41