Reserve Bank of New Zealand (RBNZ) news

The Reserve Bank of New Zealand (RBNZ) is New Zealand's central bank. Its primary function is to maintain monetary and financial stability. The RBNZ uses various monetary policy tools to influence economic activity and support sustainable economic growth in New Zealand.

NZD/JPY Technical: Further Kiwi weakness, torpedoed by an ultra-dovish RBNZ

The RBNZ cut its OCR by 25 bps to 3%, but surprised with dovish guidance, projecting further declines to 2.71% by end-2025 and 2.55% in early 2026. Two officials even pushed for a 50 bps cut, reinforcing easing bias. The Kiwi weakened, with NZD/JPY showing downside potential as bond yield spreads narrow, supporting a bearish medium-term outlook.

20-08-2025 05:35 GMT by Kelvin Wong

RBNZ Meeting Preview: 25 bps Cut Expected. Will it be the Last Cut of 2025?

The RBNZ is set to cut rates by 25 bps. Will this be the last cut of 2025? With inflation still high but the economy slowing, the RBNZ faces a tough balancing act. Explore the potential scenarios for their decision and the crucial forward guidance. Technical analysis for NZD/USD and client sentiment data is also explored.

19-08-2025 23:17 GMT by Zain Vawda