Central Banks Poised for Interest Rate Adjustments

Global central banks are poised to adjust interest rates amid varying inflation trends. In New Zealand, a decline in both tradable and non-tradable inflation suggests a potential rate cut by the RBNZ. The Bank of Canada is considering its first rate decision of 2025 amidst cooling inflation and external tariff threats. Meanwhile, Israel's central bank anticipates rate cuts later in the year as inflation is expected to align with targets. In Australia, Macquarie Bank's rate cuts might pressure larger banks to follow suit, possibly in response to an expected RBA rate cut. The Federal Reserve is predicted to make a singular rate cut in March 2025, pausing thereafter due to inflation pressures from tariffs.