Goldman Sachs expects a 50bp Reserve Bank of New Zealand rate cut this month ...Middle East

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Goldman Sachs expects a 50bp Reserve Bank of New Zealand rate cut this month
source : forex live ( Middle East ) () 60
I posted earlier on Goldman Sachs and the Reserve Bank of Australia:Goldman Sachs lower its forecast for Australia’s economic growth in 2025 on Trump vs Chinaforecasts a 25bp interest rate cut from the Reserve Bank of Australia in February 2025As for the Reserve Bank of New Zealand, Goldman Sachs expects two more 50bp rate cuts to make it three in a row:a 50bp rate cut from the Bank on November 27another 50bp rate cut from the Bank at its following meeting, February 19, 2025terminal rate of 3% in July 2025 forecast, achieved by 25bp rate cuts at each meeting after February This article was written by Eamonn Sheridan at www.forexlive.com.

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