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ANZ update their RBNZ rate cut call, expect first cut in August

ANZ update their RBNZ rate cut call, expect first cut in August

Central Banks
Eamonn Sheridan
28/03/2019 | 03:03 GMT

ANZ had been calling the first (of three) cuts in November 2019

ANZ now forecasting 25bp cuts in:

  • August 2019
  • November 2019
  • February 2020

Add not to rule out May (2019, i.e. the next RBNZ policy meeting), watch the data flow ahead.

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RBNZ cash rate is currently 1.75%

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