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New Zealand's Federal Reserve interest rate cut is a foregone conclusion, and a weak economy may become a driver for future interest rate cuts

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2025-08-20 01:16:27
< br > < span class = "section-news" > 1. Moody's: A rate cut of 25 basis points is expected. Recent data show that the economy is weak enough to justify another rate cut. < br > < span class = "section-news" > 2. New Zealand ASB: A rate cut of 25 basis points is expected. Policymakers are expected to turn their attention to weak economic growth. < br > < span class = "section-news" > 3. United Overseas Bank: A rate cut of 25 basis points is expected. The New Zealand dollar has entered a consolidation phase and will remain range-bound in the short term. < br > < span class = "section-news" > 4. OCBC Bank: It is expected to cut interest rates by 25 basis points, which is unlikely to be the last rate cut in this round. It is expected that there will be another rate cut in the future. < br > < span class = "section-news" > 5. Deutsche Bank: It is expected to cut interest rates by 25 basis points. Given that inflation has shown signs of picking up again recently, it is expected that the stance will change significantly. < br > < span class = "section-news" > 6. Holland International: Interest rates are expected to be cut by 25 basis points. The upcoming forecast for the new interest rate path may fully reflect the expectation of another 25 basis points to 2.75% in November. < br > < span class = "section-news" > 7. Reuters survey: 28 of 30 economists said the Reserve Bank of New Zealand will cut its cash rate to 3% on August 20, and two of them saw no change. < br > < span class = "section-news" > 8. ANZ Bank: Expected to cut interest rates by 25 basis points, with the Reserve Bank of New Zealand likely to shift to a more dovish stance as weak high-frequency data becomes increasingly apparent in hard economic data.
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