Will the RBNZ follow the Fed with a 50bp cut next month?
Economists suggest the chances of a bigger October rate cut have ‘increased’, amid a subdued economy and inflation retreat.
WATCH: Jonathan Mitchell speaks with Kim Mundy.
The RBNZ could bake in a chunkier 50 basis point cut next month, with further evidence of a subdued economy and the inflation retreat, economists say.
Yesterday, Statistics New Zealand data showed the economy contracted 0.2% in the June quarter, following the revised 0.1% growth in the March
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