RBNZ cuts its cash rate by 25bp, as widely expected
From investinglive.com
Reserve Bank of New Zealand with a third consecutive rate cut. Many expect this to be the last of the cycle. Indeed, from the RBNZ path ahead outlook: • sees official cash rate at 2.25% in March 2026 (PVS 2.55%) • sees official cash rate at 2.28% in December 2026 (PVS 2.62%) For the statement: • Annual consumers price inflation increased to 3 percent in the September quarter. • Future moves in the OCR will depend on how the outlook for medium-term • However, with spare capacity in the economy, inflation is expected To fall to around 2 percent by mid-2026. • Risks to the inflation outlook are balanced Economic ...
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