The RBNZ cuts 50bps. More please. The economy needs help

The RBNZ cut the cash rate to 3.75%, and signalled more cuts to come. With inflation now stabilising, the economy needs relief. In this episode, we run through the RBNZ’s latest policy statement and fresh forecasts. The Kiwi economy is set to recover this year, but there remains key uncertainties. There are signs of improvement in more timely activity indicators, but the balance of risks to the outlook are skewed to the downside. We discuss what this means for financial markets. Hosted by Jarrod Kerr, Mary Jo Vergara and Sabrina Delgado. Follow our economic commentary & insights here:https://www.kiwibank.co.nz/business-banking/thrive-hq/kiwi-economics/commentary-insights/Any views or information shared in this podcast, while given in good faith, aren't necessarily the view of Kiwibank.