The RBNZ kicks off its easing cycle with a 25 bps rate cut. Australian jobs figures today may show when the RBA might move. US CPI inflation in July met expectations. There’s another ‘will they - won’t they’ rate decision today, in the Philippines.
In our bonus deep dive interview, ANZ New Zealand Chief Economist Sharon Zollner analyses why the RBNZ felt it was able to cut rates a full year ahead of its previously published forecasts.
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