Dual trans-Tasman rate cuts slated for August
WATCH: Both the RBNZ and RBA are expected to cut their respective cash rates next month once more data flows through the system.
WATCH: Economics commentator Edward Miller speaks with Jonathan Mitchell.
The New Zealand and Australian central banks are both widely expected to follow the same path next month and cut their respective cash rates once more data flows through.
Yesterday, the RBNZ left the official cash rate on hold at 3.25%, as widely expected, but maintained an easing bias if inflation
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