Core Viewpoint - Analysts from Deutsche Bank expect the Reserve Bank of New Zealand to lower interest rates by 25 basis points, which is anticipated by the market and likely won't significantly impact the New Zealand dollar [1] Group 1: Interest Rate Expectations - The Reserve Bank of New Zealand is expected to adopt a more hawkish stance in its upcoming meeting, contrasting with its previously dovish position in July [1] - The market is currently digesting expectations for another rate cut, with most economists predicting that the current rate cut cycle will conclude with rates at 2.75% by mid-next year [1] - Deutsche Bank believes that the terminal rate for this round of cuts will be 3% [1] Group 2: Economic Indicators - Recent signs of rising inflation have emerged, alongside improvements in the labor market and economic confidence [1] - If the Reserve Bank of New Zealand signals alignment with Deutsche Bank's views in the upcoming meeting, it may provide some support for the New Zealand dollar [1]