July official cash rate decision, Hormuz memorandum of understanding, and rates outlook for New Zealand

July official cash rate decision, Hormuz memorandum of understanding, and rates outlook for New Zealand

July 12, 2026 · 16 min

About this episode

Jen Corkran and Ben Picton discuss the July RBNZ meeting and the outlook for New Zealand interest rates.

Join Senior Animal Protein Analyst Jen Corkran and Senior Market Strategist Ben Picton as they discuss the July Reserve Bank of New Zealand meeting, the recent memorandum of understanding between the United States and Iran, and the outlook for NZ interest rates. Jen and Ben delve into what the RBNZ signalled about the future path of the official cash rate, what indicators they will be watching, and what factors could change their thinking. Disclaimer: Please refer to our global RaboResearch disclaimer at https://www.rabobank.com/knowledge/disclaimer/011417027/disclaimer for information about the scope and limitations of the material published on the podcast.

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