Weak NZD may curb RBNZ's appetite for Feb 50bp rate cut

Weak NZD may curb RBNZ's appetite for Feb 50bp rate cut
Questions are being raised about RBNZ Governor Adrian Orr's plans to cut in February. (Image: BusinessDesk)
Rebecca Howard
Ongoing US dollar strength continues to clip the New Zealand dollar’s wings, and the inflationary fallout could see the Reserve Bank of NZ think twice about a 50-basis point rate cut next month. “There’s a lot of water to go under the bridge yet, but the anticipated 50 basis point cut by the RBNZ [Reserve Bank of NZ] in February should not be considered a done deal. Indeed, we think there is much more chance of a 25 than a 75,” BNZ senior economist Doug Steel said. The market is widely expecting the RBNZ to cut...

More Markets

Govt capital-market reforms decisions due in months
Economy

Govt capital-market reforms decisions due in months

Finance industry insiders have expressed concern about the pace of progress.

The advice Ebos' new boss got from John Cullity
Markets

The advice Ebos' new boss got from John Cullity

Adam Hall says there are two trends which made Ebos attractive to him.

Court upholds 'clearly ludicrous' Port of Tauranga judicial review
Markets

Court upholds 'clearly ludicrous' Port of Tauranga judicial review

The High Court has upheld the judicial review of Port of Tauranga’s fast-track application for the Stella Passage development.The court determined that the Environmental Protection Authority (EPA) should not have accepted the Port of Tauranga’s (POT) application, because the proj...

Staff reporters 27 Aug 2025
Ebos falls 14%, drags NZX 50 down 0.74%
Markets Market Close

Ebos falls 14%, drags NZX 50 down 0.74%

Channel Infrastructure had another good day.

Gregor Thompson 27 Aug 2025