A big week looms here in New Zealand, with the main event set to be the Official Cash Rate (OCR) decision and Monetary Policy Statement (MPS) from the Reserve Bank on Wednesday afternoon.
Markets see a cut of 0.25% as a certainty, while pricing implies about a 50/50 chance of an additional cut beyond that, making the MPS forecasts important.
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Mark Lister
Investment Director
Market Insights enewsletter
Keep up to date with our fortnightly Market Insights enewsletter. Our research team provide timely and regular commentary and analysis on market developments, understanding investment jargon, and the impact of current events.