Market Close: Investors Pause for RBNZ Move

Market close: Investors pause for RBNZ move

The New Zealand benchmark rose modestly as investors caught their breath ahead of a flurry of results and an expected rate cut in the coming days. Share...

RBNZ set to cut official cash rate by 25 basis points to 3.25 percent

Stand-in Reserve Bank governor Christian Hawkesby faces his first public test this week, selling the central bank's latest monetary policy statement .

RBNZ to Cut Rates, Joining RBA as Risks to Global Growth Mount

Good morning everyone, it’s Ben here on a brisk Canberra morning, here’s what’s making news today.Today’s must-reads:• RBNZ expected to make sixth straight cut• Major private health care provider enters administration• China’s ambassador warns Albanese over port

RBNZ expected to lower rates as focus shifts to OCR outlook

The Reserve Bank of New Zealand (RBNZ) is widely expected to lower the Official Cash Rate (OCR) by 25 basis points (bps) to 3.25% from 3.50% after concluding its May monetary policy meeting on Wednesday.

RBNZ Expected to Cut Interest Rates

The Reserve Bank of New Zealand (RBNZ) is anticipated to reduce interest rates for the sixth consecutive meeting, mirroring the actions of the Reserve Bank of Australia. This decision follows the RBNZ’s statement last month, indicating room for further rate cuts amidst concerns over US tariffs posing downside risks to economic activity and inflation. Such a move underscores the central bank’s proactive approach to stimulating the economy in resp…

NZD/USD expands recovery up to about 0.6000 before the decision on RBNZ rates - World Stock Market

The NZD/USD earns impulse about 0.6000 in the first bars of the Asian session on Tuesday. Investors are still concerned about the growing national US deficit, which weighs on the US dollar. The RBNZ is prepared to cut interest rates for sixth consecutive meeting on Wednesday. The NZD/USD pair extends its upward trend to around 0.6000 during the first measures of the Asian session on Tuesday. The US dollar (USD) lowers the New Zealand dollar (NZD…