A snippet from Goldman Sachs, forecasting that both the Reserve Bank of New Zealand and Reserve Bank of Australia rate hike cycles are now complete.
- Goldman Sachs expects that both the RBNZ and RBA will begin cutting rates starting in Q4 of 2024 with gradual redcutions from then.
- GS project both Australian and New Zealand CPI rates dropping back under 3% by Q4 2024.
![Bloomberg (may be gated) with a brief piece outling some of Goldman Sachs' top ideas for next year,](https://images.forexlive.com/images/sachs_id_2aed0633-11e8-4968-bcb2-aed573667c62_original.jpeg)