New Zealand’s central bank cuts rates by 50 basis points
RBNZ likely to cut rates by another 50 basis points at its next meeting: HSBC economist
Paul Bloxham, chief economist for Australia and New Zealand and global commodities at HSBC, says the Reserve Bank of New Zealand is likely to cut rates further in 2025, reaching a policy rate of 3.25% by end-2025 or 3% by early 2026.
Live news: New Zealand’s central bank cuts rates by 50 basis points
New Zealand’s central bank has cut interest rates by 50 basis points to 4.75 per cent after it said that inflation had returned to its target range. Economists had expected another cut after the 25bp reduction implemented in August as central banks around the world have reduced rates.
New Zealand's central bank cuts cash rate 50 bps to 4.75%
New Zealand's central bank slashed the cash rate by 50 basis points to 4.75% on Wednesday and said it assesses that annual consumer price inflation is within its 1% to 3% inflation target range. The decision was in line with market pricing and most economists' expectations,
New Zealand central bank slashes rates by 50 basis points in second straight rate cut
The RBNZ slashed rates from 5.25% to 4.75% on Wednesday, marking its second straight cut to its interest rate since August.
New Zealand Central Bank Unveils Half Point Rate Cut
New Zealand's central bank slashed its key interest rate by half a percentage point Wednesday to its lowest level in 18 months, saying it was nearing a point of "low and stable inflation".
The Reserve Bank of New Zealand cuts cash rate by 50 basis points to 4.75 per cent
Sky News New Zealand correspondent Jack Nyhof discusses a 50 basis points cut to 4.75 per cent by the Reserve Bank of New Zealand.
RBNZ Slashes Rates to 4.75% Amid Economic Sluggishness
In an effort to prevent further economic slowdown, the Reserve Bank of New Zealand’s (RBNZ) Monetary Policy Committee (MPC) ...
RBNZ slashes interest rate by 50 bps to 4.75%, as widely expected
The RBNZ is widely expected to lower the Official Cash Rate (OCR) by 50 basis points (bps) from 5.25% to 4.75% following its ...
New Zealand cuts rates 50 bps, kiwi tumbles as markets bet on more aggressive easing
New Zealand's central bank slashed rates by 50 basis points on Wednesday and said policy is still restrictive even though ...
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RBNZ delivers 50-basis point cut: ‘economic growth is weak’
Borrowers and retailers rejoice after the cut, with the official cash rate expected to fall further in 2025. In the face of a ...
NZD/USD Price Forecast: Plunges below 0.6100 on RBNZ 50 bps rate cut
The NZD/USD pair faces an intense sell-off and slides below the round-level support of 0.6100 in Wednesday’s North American ...
NZD/USD Hits Seven-Week Low Amid Ongoing Sell-Off And RBNZ Rate Cuts
The NZD/USD pair has dropped to a seven-week low, touching 0.6091, as the sell-off that started on 1 October continues to ...
RBNZ Looks Set to Dial Up Pace of Rate Cuts
Nomura analysts now see a 50 basis point interest rate cut next week from the Reserve Bank of New Zealand as more likely, ...
EconoTimes2h
FxWirePro: EUR/NZD rallies as RBNZ rate cuts hits kiwi dollar
EUR/NZD rose above 1.8000 level as New Zealand dollar slumped on Wednesday after the countrys central bank cut interest rates ...
RBNZ Seen Stepping Up Rate Cuts on Inflation Undershoot Risk
New Zealand’s central bank will cut interest rates by half a percentage point at each of its two remaining policy meetings ...
The RBNZ Is In Focus This Week | The Kiwi Economy Requires Rate Relief, Quick
Special Topic: Business confidence improves without pricing intentions.
EconoTimes19h
FxWirePro: NZD/JPY under pressure from RBNZ's dovish 50-bps rate cut
NZD/JPY declined on Wednesday after RBNZs stepped up policy easing with a half-point rate cut. The Reserve Bank of New ...
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RBNZ Eases Monetary Restraint, OCR 4.75%
Media releaseThe Monetary Policy Committee today agreed to cut the Official Cash Rate (OCR) to 4.75 percent. The Committee assesses that annual ...