International Economic

New Zealand central bank cuts interest rates by 50bp

By Benjamin Chiou

Date: Wednesday 09 Oct 2024

(Sharecast News) - New Zealand's central bank has cut interest rates by 50 basis points in an effort to steady inflation and gave indications that more easing could follow, but stopped short of providing official guidance.
The Monetary Policy Committee of the Reserve Bank of New Zealand slashed the official cash...

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