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

Your mid-year investment health check
Markets

Simon Robertson: Your mid-year investment health check

What should you really be looking for from your fundie? 

Simon Robertson 05 Jul 2025
Tourism Holdings stalls as NZ sharemarket ends week on high
Markets Market Close

Tourism Holdings stalls as NZ sharemarket ends week on high

The NZ sharemarket bounced back as large-cap stocks balanced gains and losses.

Tom Raynel 04 Jul 2025
Forsyth Barr shifts Turners Automotive to neutral
Markets

Forsyth Barr shifts Turners Automotive to neutral

The company has delivered five consecutive years of record earnings.

Rebecca Howard 04 Jul 2025
Vital board backs Tait takeover
Markets

Vital board backs Tait takeover

Vital’s board has unanimously recommended that shareholders and option holders accept a full takeover offer from Tait Communications, despite their view that it undervalues the company.In May, Vital shares rallied after it disclosed that Tait, a Christchurch-based critical commun...

Gregor Thompson 04 Jul 2025