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BNZ forecast a 50bp interest rate cut from Reserve Bank of New Zealand next week

BNZ forecast a 50bp interest rate cut from Reserve Bank of New Zealand next week

Central Banks
Eamonn Sheridan
01/10/2024 | 01:21 GMT
  • Reserve Bank of New Zealand meeting is October 9

I suspect BNZ is spot on with this:

  • BNZ forecast a 50bp interest rate cut from Reserve Bank of New Zealand next week

NZD/USD has dropped to its low of the session so far, around 0.6335

rbnz dates Reserve Bank of New Zealand 19 September 2024

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