The labour market is weakening in earnest and inflation is falling faster than anticipated. The Reserve Bank of New Zealand therefore won’t lift interest rate any further at its upcoming meeting on 29th November and will probably signal that the tightening cycle is over. The Bank’s next move will be a rate cut but not before the second half of 2024.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services