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The Reserve Bank of New Zealand will leave interest rates unchanged on July 9, a majority of economists polled by Reuters ...
The Reserve Bank of New Zealand lowered its official cash rate by 25 basis points to 5.25% on Wednesday, pushing the kiwi dollar down 1% against the U.S. dollar, and signaled more cuts ahead as ...
WELLINGTON (Reuters) -New Zealand's central bank cut rates for a third time in four months on Wednesday and flagged more substantial easing, including a likely half percentage point reduction in ...
New Zealand's central bank slashed its benchmark rate for the first time since March 2020 and flagged more cuts over coming months, saying inflation was nearing its 1% to 3% target in a sharp ...
New Zealand's central bank slashed its benchmark interest rate by 50 basis points to 4.25%, marking a third straight cut to its benchmark interest rate.
The Reserve Bank of New Zealand’s initiation of rate cuts came earlier than expected, marking a significant U-turn from the bank’s May forecast.
New Zealand’s central bank cut interest rates by half a percentage point, stepping up the pace of easing as policymakers become more concerned about the economic slowdown. The Reserve Bank’s ...
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 ...
Markets added to wagers the Reserve Bank of New Zealand would slice rates further, having already cut by 125 basis points to 4.25%. Swaps now implied a 70% probability of a 50-basis-point cut in ...
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 ...
The Reserve Bank of New Zealand lowered its official cash rate by 25 basis points to 5.25% on Wednesday, pushing the kiwi dollar down 1% against the U.S. dollar, and signaled more cuts ahead as ...
Most of the major retail banks in New Zealand cut their interest rates following the announcement. ... on your strategy, risk tolerance and time horizon. Marguerita Cheng Feb. 24, 2025.