The Reserve Bank of New Zealand (RBNZ) is widely expected to reduce the Official Cash Rate (OCR) by 25 basis points to 3.50% at its upcoming monetary policy meeting. This anticipated adjustment, fully priced into the market, follows previous indications of potential easing due to concerns regarding the adverse effects of US tariffs. The subsequent policy statement will be closely analyzed for indications of further monetary policy adjustments, which are anticipated to induce volatility in the New Zealand Dollar (NZD).
