Reserve Bank of New Zealand has cut the Official Cash Rate by 50 basis points, taking it from 4.75% to 4.25%. The Government ...
When the official cash rate was cut by 50 basis points, the banks responded by passing on the full cut to floating rates.
The cut brings the cash rate to its lowest level since November 2022.
Despite budget tightening, Northland businesses expect support as the region is a top holiday destination this festive season ...
The Reserve Bank of New Zealand appears set to continue delivering outsized interest-rate cuts in 2025 as inflation appears ...
New Zealand's central bank cut the cash rate by 50 basis points to 4.25% on Wednesday, as annual inflation ran near the 2% ...
Finance Minister Nicola Willis has hailed the development as a significant boost for New Zealand families and businesses.
New Zealand’s dollar dropped to a two-year low against its Australian counterpart on rising speculation the former’s central ...
On the eve of the Reserve Bank's last Official Cash Rate (OCR) review of the year, ANZ NZ has announced cuts to fixed-term ...
The Reserve Bank of New Zealand slashed interest rates, extending its campaign to restore momentum to the country’s stalled ...