Reserve Bank of New Zealand cuts rate by 25bp, as widely expected ...Middle East

Reserve Bank of New Zealand

Monetary Policy Committee today agreed to reduce the Official Cash Rate by 50 basis points to 3.75%. If economic conditions continue to evolve as projected, the Committee has scope to lower the OCR further through 2025 This article was written by Eamonn Sheridan at www.forexlive.com.

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