Hosted on MSN23d
NZ central bank cuts rates by 50bps, flags more easing to revive frail economy
The New Zealand dollar slipped while the 90-day bank bill futures rallied as markets ... “The RBNZ’s aggressive 50-basis point cut to 3.75% shows its determination to revive the economy ...
Seeking Alpha23d
New Zealand gets another 50-bp rate cut, more easing expected this year
The Reserve Bank of New Zealand has cut its benchmark interest rate by 50 basis points to 3.75% ... the medium term," the RBNZ said. The kiwi dollar (NZD:USD) weakened against the greenback ...
NBC DFW24d
New Zealand slashes rates for a fourth straight time in bid to boost a slowing economy
New Zealand's central bank on Wednesday slashed benchmark rates by 50 basis points to 3.75% ... The New Zealand dollar strengthened by 0.4% to trade at 0.568 against the greenback.
Reuters24d
NZ central bank cuts rates 50bps, flags steeper easing cycle to revive frail economy
The Reserve Bank of New Zealand Governor Adrian ... in Australia and the U.S., denting the New Zealand dollar and sparking a rally in 90-day bank bill futures. "If economic conditions continue ...
NBC New York24d
New Zealand slashes rates for a fourth straight time in bid to boost a slowing economy
New Zealand's central bank on Wednesday slashed benchmark rates by 50 basis points to 3.75% ... higher oil prices and a weaker New Zealand dollar, said Abhijit Surya, senior APAC economist ...