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The Reserve Bank of New Zealand reduced the official cash rate to 3.5 percent on Wednesday. This decision followed global market instability following US President Rump's tariff war and a change in ...
The Reserve Bank of New Zealand (RBNZ) announced on Wednesday that it cut the Official Cash Rate (OCR) by 25 basis points (bps) from 3.75% to 3.5% after concluding the April monetary policy meeting.
The Reserve Bank of New Zealand (RBNZ) announced on Wednesday that it cut the Official Cash Rate (OCR) by 25 basis points (bps) from 3.75% to 3.5% after concluding the April monetary policy meeting.
The Reserve Bank may have to cut its benchmark cash rate even further to support the economy after the Government said it would slash the amount available for new policies to $1.3 billion, according ...
The central bank said the economy was facing headwinds, but inflation was contained and there were signs of growth.
The natural interest rate across many advanced economies has fallen in recent decades, with the world natural rate falling about 1.5 percentage points in the post-GFC period. With New Zealand ...
New Zealand's central bank cut its benchmark rate today ... the Committee agreed that a 25 basis point reduction in the official cash rate (OCR) would be consistent with their mandate of ...
SYDNEY–The Reserve Bank of New Zealand lowered interest rates ... The RBNZ cut the official cash rate to 3.50% from 3.75%, in line with expectations.
New Zealand's annual inflation accelerated for the first time in almost three years, while still remaining within the Reserve Bank of New Zealand's (RBNZ) target band, suggesting policymakers can ...
All 31 economists in a Reuters poll expected the Reserve Bank of New Zealand to cut the cash ... Markets are now expecting the official cash rate to bottom out at 2.75%, compared to 3% in the ...