Kiwis See Another Rate Cut As The RBNZ Takes A Different Path!

November 28, 2024 • 00:13:26
Kiwis See Another Rate Cut As The RBNZ Takes A Different Path!
Digital Finance Analytics (DFA) Blog
Kiwis See Another Rate Cut As The RBNZ Takes A Different Path!

Nov 28 2024 | 00:13:26

/

Show Notes

The New Zealand Reserve Bank’s Monetary Policy Committee lowered the Official Cash Rate to 4.25% from 4.75%. The bank’s updated projections are consistent with another 50-point reduction at its next decision on Feb. 19, Governor Adrian Orr told reporters at a press conference. “But it’s also conditional on economic projections panning out,” he said. “Economic growth is expected to recover during 2025, as lower interest rates encourage investment and other spending,” the bank said. “Employment growth is expected to remain weak until mid-2025 and, for some, financial stress will take time to ease.” This is a very different path compared […]
Previous Episode
Next Episode

Other Episodes

Episode 0

July 10, 2022 • 00:28:20
Episode Cover

This Crypto Winter May Not Turn To Spring! [Podcast]

Well, those following my channel over recent years will know that I have been quite skeptical of Crypto wave, and while Crypto has gone...

Listen

Episode 0

October 27, 2023 • 00:11:41
Episode Cover

Will The RBA Blink First?

On Melbourne Cup day we will get the next RBA cash rate decision. Michelle Bullocks testimony before the Senate this week was pretty vague...

Listen

Episode 0

October 24, 2020 • 00:23:14
Episode Cover

The Digital Cash Tussle Accelerates! [Podcast]

PayPal's announcement this week may well mark a step-up in digital currency adoption - we look at the implications. https://newsroom.paypal-corp.com/2020-10-21-PayPal-Launches-New-Service-Enabling-Users-to-Buy-Hold-and-Sell-Cryptocurrency

Listen