Trade The World
RBNZ expected to cut rates by 25bps tonight – ING
Par FXStreet Insights Team
Date de publication: 25 Nov 2025 | Date de modification: 25 Nov 2025
POPULAR ARTICLES
The RBNZ is set to cut rates by 25bps to 2.25%, likely signaling the end of easing and providing support for NZD/USD toward 0.570 by year-end, ING's FX analyst Francesco Pesole notes.
The RBNZ is set to cut rates by 25bps to 2.25%, likely signaling the end of easing and providing support for NZD/USD toward 0.570 by year-end, ING's FX analyst Francesco Pesole notes.
Statement may signal end of easing, supporting NZD
"We expect a 25bp rate cut tonight in New Zealand (announcement at 0300 AM CET). That would take rates to 2.25%, which we believe is the terminal rate, as disinflation may prove slower than previously expected and growth more resilient."
"The statement should not entirely close the door to more easing, but we think the new rate projections will signal no more cuts. That would be enough of a hawkish message to trim some of the lingering expectations for more easing in 2026 (42bp priced in by May) and lift NZD."
"We remain bullish on NZD/USD and expect a return above 0.570 by year-end."
FXStreet
Plus d’un million d’utilisateurs se tournent vers FXStreet pour des données de marché en temps réel, des outils de graphiques, des analyses d’experts et des actualités Forex. Leur calendrier économique complet et leurs webinaires éducatifs aident les traders à rester informés et à prendre des décisions éclairées. FXStreet s’appuie sur une équipe d’environ 60 professionnels répartis entre le siège de Barcelone et diverses régions du monde.
Read More
