NZD traders - Westpac forecasts the RBNZ to cut by 25bps in October and November 2024 ...Middle East

Forecast for the Reserve Bank of New Zealand from Westpac in New Zealand.WPAC's main points:The OCR is expected to be cut to 5.25% in the RBNZ’s October meeting.Westpac’s new forecasts show weaker growth and a higher unemployment rate. We think the RBNZ will be considering similar adjustments. The OCR is expected to be at 5% by year end and 4.5% in May 2025. We continue to see the OCR troughing at 3.75% in early 2026.more to come This article was written by Eamonn Sheridan at www.forexlive.com.

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NZD traders - Westpac forecasts the RBNZ to cut by 25bps in October and November 2024 ...Middle East

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