They anticipate the Reserve Bank of New Zealand (RBNZ) will need to slash the Official Cash Rate (OCR) to 2.5%, a deeper cut than their previous forecast of a 3% pause. This adjustment ...

As widely expected, the Reserve Bank of New Zealand (RBNZ) decided to lower the Official Cash Rate (OCR) by 25bps to 3.50%. This is the RBNZ’s fifth straight cut since it kicked off an easing ...