According to Jinshi.com, analysts at Nomura Securities said that the Reserve Bank of New Zealand may accelerate the pace of easing monetary policy, and it is expected that there is a high possibility of a 50 basis point interest rate cut next week.

Although data released since the last meeting is "less bad", the economy is still experiencing a recession and spare capacity has increased. Analysts believe that the New Zealand central bank should return the cash rate to a level close to neutral as soon as possible.

Expansionary monetary policy may be necessary as fiscal policy is unlikely to be effective and there is a risk that inflation will fall into the lower half of the target range.