NZ central bank cuts rates 50bps, flags steeper easing cycle to revive frail economy
New Zealand's central bank cut its benchmark rate by 50 basis points to 3.75% on Wednesday and flagged further reductions in borrowing costs amid moderating inflation as policymakers sought to revive a struggling economy.
New Zealand Central Bank Cuts Rates by 50 Basis Points
New Zealand's central bank cut its benchmark rate by 50 basis points to 3.75% on Wednesday as policymakers sought to revive a struggling economy, and markets bet that moderating inflation will bring borrowing costs even lower over coming months.
NZ central bank cuts rates, flags more easing
New Zealand's central bank has cuts its benchmark rate by 50 basis points to 3.75% and policymakers have flagged further reductions in borrowing costs amid moderating inflation as they seek to revive a struggling economy.
New Zealand central bank cuts interest rates, flags further reductions
New Zealand's central bank cut its benchmark rate by 50 basis points to 3.75% on Wednesday and flagged further reductions in borrowing costs amid moderating inflation as policymakers sought to revive a struggling economy.
New Zealand's Bold Monetary Shift: Central Bank Cuts Rate to Stimulate Economy
The Reserve Bank of New Zealand slashed its benchmark rate by 50 basis points to 3.75%, addressing a struggling economy and moderating inflation. Economists forecast further reductions as the RBNZ seeks economic revival amidst global uncertainties.
New Zealand continues easing cycle with 50bp cut
New Zealand’s central bank today (February 19) reduced its policy rate by 50 basis points to 3.75% amid weak activity, falling inflation and looming trade concerns.
New Zealand delivers third big rate cut to revive economy
New Zealand’s central bank cut interest rates by 50 basis points for the third straight meeting to help revive the ailing economy and signaled more easing in coming quarters.
New Zealand's Bold Rate Cut Sparks Economic Revival
New Zealand's central bank slashed its benchmark rate by 50 basis points to 3.75% to combat moderating inflation and stimulate the struggling economy. The Reserve Bank of New Zealand forecasts additional cuts,
New Zealand central bank slashes rates by 50 points in fourth straight cut
New Zealand's central bank slashed benchmark rates by 50 basis points to 3.75%, marking its fourth straight cut, as the country's economy slows down. The move was in line with expectations from economists polled by Reuters,
New Zealand’s central bank (RBNZ) cuts rates for the fourth time in a row
New Zealand’s central bank has reduced its benchmark interest rate for the fourth consecutive time, lowering it by 50 basis points to 3.75% on Wednesday. The move, which aligns with economists’ expectations,
New Zealand slashes rates for a fourth straight time in bid to boost a slowing economy
The Reserve Bank of New Zealand (RBNZ) building in Wellington, New Zealand, on Wednesday, Feb. 22, 2023. This marks the ...
RBNZ Governor Orr says New Zealand is in a low and stable inflation environment
Reserve Bank of New Zealand Governor Adrian Orr said on Thursday that New Zealand was now in an environment of low and stable ...
New Zealand Well-Placed to Withstand Trade Shocks, RBNZ Deputy Governor Says
The RBNZ forecasts further cuts will be delivered this year, but in smaller moves, not the blockbuster 50-basis-point cuts ...