According to Jin10 data reports, the Reserve Bank of New Zealand's year-long rate-cutting cycle may soon pause. Most economists predict that interest rates will remain unchanged this week, releasing dovish signals to assess the effectiveness of the economic recovery.
The recent statement from this row indicates that interest rates have entered a neutral zone, downplaying the urgency for further rate cuts, and suggesting that future rate cuts may occur on a quarterly basis rather than at every policy meeting. The last monetary policy meeting showed some disagreement, and the current economic recovery momentum remains unstable, leaving the possibility of further rate cuts this year.