BNZ forecast the RBNZ will cut to a negative cash rate in April 2021

Author: Eamonn Sheridan | Category: Central Banks

ASB and ANZ updated their forecasts earlier this week to both expect the same, that is:

  • RBNZ to go negative in April 2021

BNZ now with the forecast.
  • See a negative rate April 2021, OCR to -0.25%
  • and to -0.5% by August next year
BNZ cite the RBNZ itself, the Bank has basically indicated it'll be taking the rate negative. 

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