Jamie Culling

Strong commodity prices and lower interest rates are expected to support consumer and business investment HSBC economists say

Strong commodity prices and lower interest rates are expected to support consumer and business investment HSBC economists say

HSBC economists expect the Official Cash Rate to be down to 3% by the third quarter of this year and see the economy growing 1.8% in 2025 and 2.5% next year

HSBC economists expect the Official Cash Rate to be down to 3% by the third quarter of this year and see the economy growing 1.8% in 2025 and 2.5% next year

A weak result in the latest NZIER Quarterly Survey of Business Opinion has prompted economists to change their calls and forecast that the RBNZ will cut the Official Cash Rate by a massive 100 basis points before the end of the year

A weak result in the latest NZIER Quarterly Survey of Business Opinion has prompted economists to change their calls and forecast that the RBNZ will cut the Official Cash Rate by a massive 100 basis points before the end of the year

RBNZ modelling finds the economy's response to OCR changes has been relatively stable over the last 12 years; It doesn't have reason to believe this will change looking ahead

RBNZ modelling finds the economy's response to OCR changes has been relatively stable over the last 12 years; It doesn't have reason to believe this will change looking ahead