RBNZ expected to cut rates by 50 bps, influencing other central banks

From Investing.com: 2024-11-22 09:42:00

The Reserve Bank of New Zealand is expected to cut rates by 50 bps at its last policy meeting of 2024, setting the stage for other major central banks. The Fed’s decision will be influenced by PCE inflation data, while the Eurozone flash CPI will be critical for the ECB’s December decision. The US will see a flurry of economic data before Thanksgiving, with the PCE inflation report on Wednesday being a key focus. The Fed’s November meeting minutes will also provide insight into future policy moves. In Australia, CPI data and capital expenditure figures will impact the Aussie dollar. The Canadian dollar will turn its attention to Friday’s Q3 GDP report.



Read more at Investing.com: Week Ahead: RBNZ Rate Cuts to Lead the Way as Key Inflation Data Awaits