Reported 2 months ago
The Reserve Bank of New Zealand (RBNZ) is at a crucial juncture as it deliberates on whether to cut interest rates amidst a slowing economy and unpredictable inflation trends. While some economists anticipate a rate cut during this week’s meeting, others argue for caution given the mixed economic signals. The decision, scheduled to be announced alongside new forecasts, could signify a shift in the RBNZ's monetary policy approach amid increasing bets on central rate reductions by global banks.
Source: YAHOO