Reserve Bank of New Zealand has cut its Offical Cash Rate by 25 bps. Market pricing had tipped this, while most analyst did not. more to come----Background on this:Reserve Bank of New Zealand decision due soon. Which will it be, a dovish hold or a cut?Reserve Bank of New Zealand meet today - BNZ calls for an immediate rate cutRBNZ monetary policy meeting - Reuters poll is not clear cut, 19 say hold, 12 say 25bp cutANZ forecast the RBNZ to remain on hold next week, signal a rate cut later in the yearNZD traders - Westpac forecasts the RBNZ to cut by 25bps in October and November 2024New Zealand - RBNZ shadow board split on Reserve Bank interest rate cut This article was writt
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