Headline is here from earlier:
Westpac forecasts the Reserve Bank of New Zealand to cut cash rate to 3.25% by May 2025
Adding a little more in now:
RBNZ to cut by 50bp at the February meeting, to 3.75%to cut by 25bp at the April meeting, to 3.5%to cut by 25 bp at the May meeting, to 3.25%
On the New Zealand recession, WPAC are optimistic that economic growth picks up in Q4.
RBNZ H1 2025 dates:
This article was written by Eamonn Sheridan at www.forexlive.com.
