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