Headlines from the Reserve Bank of New Zealand (RBNZ)
are now crossing the wires, with the central bank justifying its latest
rate cut decision. Earlier on the day, the RBNZ slashed its official
cash rate (OCR) for the fourth time this year, reducing it a quarter
percentage point to 2.5%.
Key Quotes:
Reserve bank of NZ says satisfied with current policy target agreement
Reserve bank of NZ says a lot of factors creating momentum in economy, 25 bps adjustment was appropriate
Key Quotes:
Reserve bank of NZ says satisfied with current policy target agreement
Reserve bank of NZ says a lot of factors creating momentum in economy, 25 bps adjustment was appropriate
