Expected Interest Rate Cuts In 2024. The rbnz's forward guidance suggested at least three more cuts by the middle of next year, projecting the cash rate at 4.9% in the fourth quarter of 2024 and 4.4% in the second quarter of 2025. Energy price relief of $300 per household, and a 10 per cent increase in commonwealth rent.

The rbnz’s forward guidance suggested at least three more cuts by the middle of next year, projecting the cash rate at 4.9% in the fourth quarter of 2024 and 4.4% in the second quarter of 2025. Preston caldwell and ivanna hampton dec 14, 2023