Westpac have pushed back their RBNZ rate cut forecast to June (from March)

Discussion in 'Fundamental Analysis' started by ForexLive, Feb 4, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    A change in forecast timing for the next Reserve Bank of New Zealand interest rate cut from WPAC more to come - Earlier this week governor Wheeler said he wanted to see more data before deciding on the bank's next move. The very, very weak NZ CPI last week was prompting a few to bring forward their expectations for a cut, but Wheeler tipped a bucket of cold water on this too, saying low inflation alone wasn't enough to bring forward a cut. We'll soon see what the government thinks about (tee hee).

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