New Zealand's central bank cuts cash rate 50 bps
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 inflation has returned to target, a clear dovish signal that sent the kiwi dollar skidding as markets bet on more easing.
Reserve Bank of New Zealand: Policy rate cut by 50bp
New Zealand government bonds gained ground after the Reserve Bank of New Zealand delivered a 50bp cut in the official cash rate to 4.75% on Wednesday, a move forecast by 17 of the 28 analysts participating in a Reuters poll.
New Zealand's Central Bank Cuts Cash Rate 50 Bps to 4.75%
WELLINGTON - 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.
Reserve Bank of New Zealand slashes interest rates again, by 50 basis points to 4.75 per cent
As Australians await stronger signals that a rates reprieve is imminent here, across the Tasman, New Zealand's central bank has again taken the knife to its key interest rate.
New Zealand Steps Up Pace of Rate Cuts as Economy Weakens
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.
New Zealand’s Recession Worries Prompt Big Rate Cut
New Zealand’s central bank cut interest rates by an outsized half a percentage point, moving to support an economy that has slipped in and out of recession.
New Zealand Central Bank Cuts Key Rate By 50 Bps
The Reserve Bank of New Zealand slashed its benchmark rate by 50 basis points on Wednesday, as inflation is converging to the target
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".
New Zealand Central Bank Cuts Cash Rate by 50 Basis Points to 4.75%
New Zealand Cuts Cash Rate to 4.75% to Control Inflation On Wednesday, the Reserve Bank of New Zealand (RBNZ) lowered its official cash rate (OCR) by 50 basis points to 4.75%. This decision aligns with
New Zealand: RBNZ cuts OCR by 50 bps – UOB Group
“The Reserve Bank of New Zealand (RBNZ) slashed its official cash rate (OCR) from 5.25% to 4.75% earlier today, marking its ...
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Kiwi Plummets as New Zealand Slashes Interest Rates
The New Zealand dollar dropped significantly after the central bank cut interest rates by 50 basis points. This move signaled ...
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Reserve Bank of New Zealand cuts policy rate by 50bp
New Zealand’s central bank cut its policy rate by 50 basis points to 4.75% today (October 9), saying inflation had returned ...
New Zealand central bank is stepping up the pace – Commerzbank
As expected, the Reserve Bank of New Zealand (RBNZ) increased its pace of interest rate cuts this morning, this time lowering ...