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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Market Outlook
4 mins to read

Rate cut for Christmas probability lifts for Kiwis

Devon Funds head of retail Greg Smith on the week ahead.

WATCH: Devon Funds head of retail Greg Smith speaks with Kate McVicar.

Kate McVicar Mon, 22 Jul 2024

The probability of Reserve Bank of New Zealand Governor Adrian Orr pulling on his Santa suit and delivering a rate cut prior to Christmas has become more likely following fresh inflation data last week. 

After June inflation data tallying 3.3% came in just above the RBNZ target range of 1-3%, a rate

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Kate McVicar Mon, 22 Jul 2024
Contact the Writer: kate@nbr.co.nz
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Rate cut for Christmas probability lifts for Kiwis
Market Outlook,
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