GOLDMAN SACHS EXPECTS RBA AND NZRB TO CUT INTEREST RATES
GOLDMAN SACHS EXPECTS RBA AND NZRB TO CUT INTEREST RATES
Goldman Sachs predicts the Reserve Bank of Australia (RBA) will cut rates by 25 basis points in February 2025.
Goldman Sachs expects the Reserve Bank of New Zealand (NZRB) to cut rates by 50 basis points twice more.
The final interest rate in New Zealand is expected to reach 3% by July 2025.
NZRB likely to cut rates by 0.50% on November 27, 2024, and again on February 19, 2025.
