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Economics
3 mins to read

Will the RBNZ follow the Fed with a 50bp cut next month?

Economists suggest the chances of a bigger October rate cut have ‘increased’, amid a subdued economy and inflation retreat.

WATCH: Jonathan Mitchell speaks with Kim Mundy.

The RBNZ could bake in a chunkier 50 basis point cut next month, with further evidence of a subdued economy and the inflation retreat, economists say.

Yesterday, Statistics New Zealand data showed the economy contracted 0.2% in the June quarter, following the revised 0.1% growth in the March

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Jonathan Mitchell Fri, 20 Sep 2024
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Will the RBNZ follow the Fed with a 50bp cut next month?
Economics,
105903
true