ASB expect a 25 bp cut, and to 1.75% on August 11 by November from the Reserve Bank of New Zealand
NZD lower again:
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More:
- Kiwibank says RBNZ will cut to 1.5% (two more cuts, first in August)
- JPM: expects 25bp cut in August, 25bp cut in November and a 25bp cut in May next year
more to come