ANZ still expect a further RBNZ rate cut in November

  


The Reserve Bank of New Zealand  said today they’d cut further ‘if necessary’.

ANZ say:

  • We believe that by November they’ll conclude it is

The bank add:

  • growth set to disappoint the RBNZ’s August MPS forecasts

And citing this divergence:

The Reserve Bank of New Zealand  said today they'd cut further 'if necessary'.

The RBNZ November announcement:

  • 13 Nov 2019
  • OCR announcement
  • and Monetary Policy Statement
  • and media conference

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