Is it advisable for the Reserve Bank of New Zealand to cut interest rates sooner rather than later?
The Reserve Bank of New Zealand may maintain interest rate stability, but it is better to issue a loose signal sooner rather than later; the economic situation shows signs of pressure, but there are no dangerous signals yet; the New Zealand dollar against the US dollar is approaching the resistance area of 0.6060-0.6080.
The opinion of the Reserve Bank of New Zealand's shadow committee is out, with most supporting a 25 basis point rate cut this week!
The shadow committee of the Reserve Bank of New Zealand showed significant divergence in its interest rate decision in August, with more than half of the members in favor of a rate cut. The consideration behind this decision is closely related to the current situation.
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