Author: Sebastian Montague

The financial world is abuzz as the Reserve Bank of New Zealand (RBNZ) is on the cusp of adjusting its cash rate, a move anticipated to have a broad impact on both the New Zealand economy and the global forex market. This week, observers are nearly unanimous in their expectation of a 25 basis point reduction, which would lower the cash rate to 3%. This step is seen as a continuation of an already substantial easing cycle, which has seen rates drop by a cumulative 250 basis points. Yet, what will truly capture the market’s attention is the RBNZ’s forward-looking…