Will RBNZ Pour Cold Water on Rate Cut Expectations?

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2021/07/f-nzd58.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2021/07/f-nzd58.jpg 612w, https://www.actionforex.com/wp-content/uploads/2021/07/f-nzd58-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2021/07/f-nzd58-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2021/07/f-nzd58-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Since the last RBNZ meeting, data have been coming on the weak side Investors see no more hikes and expect 40bps worth of cuts for 2024 But the RBNZ is unlikely to satisfy market bets The meeting is scheduled for Wednesday, at 01:00 GMT Data points to softening economic activity At its latest gathering, the [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/528918-will-rbnz-pour-cold-water-on-rate-cut-expectations/">Will RBNZ Pour Cold Water on Rate Cut Expectations?</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>