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New Zealand's central bank held the benchmark interest rate at 3.25% on Wednesday, noting near-term inflation risks, but said ...
The New Zealand dollar rose to US$0.5970 from US$0.5930, while two-year interest rate swaps increased 11 basis points to 3.23% as the market was caught off guard by the non-unanimous decision.
New Zealand is one of several countries to ease rates as inflation has moved lower, but its sharp reductions to borrowing costs contrast with a more cautious approach by the US Federal Reserve and its ...
WELLINGTON (Reuters) -- New Zealand's central bank cut its benchmark rate by 25 basis points to 3.25% and flagged a slightly deeper easing cycle than it forecast three months ago, underlining the ...
Investing.com-- The Reserve Bank of New Zealand (RBNZ) held its interest rates steady on Wednesday, as widely expected, but ...
New Zealand cut the rate, but not the Kiwi ANALYSIS | 05/28/2025 10:27:00 GMT As expected, the Reserve Bank of New Zealand cut its key rate by 25 basis points to 3.25%.
“The RBA may have held steady today, but borrower expectations have not… This environment keeps competitive pricing and ...