A change in forecast timing for the next Reserve Bank of New Zealand interest rate cut from WPAC
Also:
– Looking for a Fonterra dairy payout figure of $4.50/kgms (NZD) next season (around $4 this season). Detailed revised forecasts will be out next week
Citing the further falls in this week’s dairy auction
Westpac have pushed back their RBNZ rate cut forecast to June (from March)
