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New Zealand's central bank said on Thursday the effects of interest rate cuts on the local economy had been slower than ...
New Zealand's central bank cut its policy rate by 25 basis points to a three-year low of 3.00% on Wednesday, and flagged ...
New Zealand’s central bank cut its policy rate by 25 basis points today (August 20) and said that the country’s economic ...
New Zealand's central bank has cut its policy rate by 25 basis points (bps) to a three-year low of 3%, and flags further reductions in the coming months as policymakers warn of domestic and global ...
ANZ, the Australian bank, said it now expected two further interest rate cuts after the dovish pivot. The New Zealand dollar ...
The New Zealand Dollar is the worst performer of the G8 currencies so far on Wednesday. The pair has lost more than 1% ...
The New Zealand dollar fell by around seven tenths of a US cents after the announcement. Economists expect additional cuts over the remainder of the year, with some warning the RBNZ may need to ease ...
The NZD/USD pair adds to the dovish Reserve Bank of New Zealand (RBNZ)-inspired losses and dives to its lowest level since ...
WELLINGTON, New Zealand (AP) — New Zealand’s central bank raised its benchmark interest rate again Wednesday to 5.5% but signaled its next move would be a cut, sparking a sell-off in the currency.
Investing.com -- The Reserve Bank of New Zealand kept interest rates steady on Wednesday, but said that rates will remain higher for longer as the bank moves to curb overheated inflation levels.
Adrian Orr, who unexpectedly resigned as New Zealand's central bank governor on Wednesday, had a reputation as a maverick policymaker unafraid to surprise financial markets, and who clashed repeatedly ...
New Zealand's central bank will likely keep interest rates unchanged at 5.50% on Wednesday and for the rest of the year, marking an end to its 20-month long hiking cycle which has already pushed the ...