Central Bank Focus
The RBNZ Ends Its Easing Cycle
Upgrade NZD, downgrade New Zealand bonds, and position short AUD/NZD as the RBNZ ends its easing cycle. At its final 2025 meeting, the RBNZ delivered a widely expected 25 bps cut, taking the policy rate to 2.25%. Despite the move being priced, both the NZD…
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