Central Bank Watch
New Zealand’s Interest Rate Cut Tops Expectations
October 8, 2025
The Reserve Bank of New Zealand’s decision involved an interest rate change that exceeded analyst expectations. The Official Cash Rate was cut by 50 basis points, twice the street’s forecast. At 2.50%, the new OCR level drops to its lowest since August 2022 and a full three percentage points below the peak of 5.5% maintained […] More
Uncategorized
Dollar Revival Extended
October 8, 2025
Driven by sluggish growth and political uncertainties affecting other economies, the dollar climbed overnight by a further 0.6% against the Japanese yen and Korean won, 0.4% relative to the New Zealand dollar, 0.3% vis-a-vis the euro and 0.2% versus the Swiss franc, Turkish lira and British pound. The intra-day high in the weighted DXY dollar […] More
