New Zealand
New Zealand Faces Tight Credit And Rising Stress
NZDUSD and NZGB10Y react as RBNZ weighs easing against financial stability, signaling policy caution amid 5.3% unemployment and tightening credit spreads across New Zealand markets.
New Zealand
Rising Joblessness Tests RBNZ’s Tightening Endgame
New Zealand jobless climbs to 5.3% (Q3 2025) as employment growth stagnates at 0.0% quarterly. The RBNZ's 5.25% OCR has constrained growth (GDP $0.3\%$) but achieved some disinflation (3.1%). Markets price 50-75 bps cuts by mid-2026 to stabilize employment.
New Zealand
New Zealand Cuts Rates, Signals Deeper Monetary Shift
New Zealand’s Reserve Bank stunned markets with a 50-basis-point rate cut, citing weak growth, falling inflation, and deteriorating credit conditions. The move signals the region’s first clear pivot toward easing, with ripple effects for currency stability and regional policy outlook.
New Zealand
New Zealand Rates Rally On Cooling Inflation
RBNZ cuts OCR to 2.50% as GDP slips and CPI cools; NZD=X weakens 6–8% YTD while the 10-year hovers near 4.0%. With Brent CL=F in the mid-$60s, disinflation and a narrower current-account gap support measured easing into 2026.