RBNZ is expected to cut the OCR to 2.25%. Markets watch signals on future easing and the NZD’s reaction to the rate move.
AUCKLAND (Reuters) -New Zealand's central bank cut its benchmark official cash rate by 25 basis points to 2.25% on Wednesday, its lowest level since mid-2022, but policymakers signalled the likely end ...
The Reserve Bank of New Zealand lowered interest rates further on Wednesday in an effort to spur recovery in an economy that for now remains moribund, with unemployment at its highest level in nearly ...
New Zealand’s dollar is on the verge of becoming the first major developed-market currency to wipe out its gains against the greenback this year as aggressive central bank interest-rate cuts weigh on ...
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