Dalmau: Fed's 50bps Rate Cut Opened Door Wider for RBNZ's Bigger Move

The global rate cut rate parade is continuing as two of the most influential APAC central banks make

attention grabbing headlines. The Reserve Bank of New Zealand opted for a 50bps rate cut instead of less aggressive 25bps move. And the Bank of Korea made its ended its 38-month tightening cycle but did so with caveats as the board members signalled they were not ready to cut again for the rest of the year.

Raphael Dalmau, head of APAC fixed income joined me from Singapore to assess the economic and inflation dynamics driving both the RBNZ’s Adrian Orr and the BOK’s Rhee Chang-young. And to look at how the Federal Reserve’s rate cutting path is affecting these and other central banks around the world.

Raphael has been watching central banks, the global economy and bond markets for decades. He has a good head and a great gut for how this reverberates through markets. So sit back and have a look and a listen. You will be glad you did.