Monetary Policy Committee lowered the official cash rate (OCR) by 25 basis points to 2.25% on Wednesday in Auckland.

New Zealand's central bank on Wednesday slashed benchmark rates by 50 basis points to 3.75%, marking its fourth straight cut, as easing inflation offers the central bank room to boost a sputtering ...

New Zealand's central bank cut its benchmark official cash rate by 25 basis points to 2.25% on Wednesday, its lowest level since mid-2022, but policymakers signalled an end to the easing cycle as the ...

The Reserve Bank of New Zealand cut its official cash rate by 25 basis points to 3.25% at its May 2025 policy meeting, marking its sixth consecutive rate cut since August 2024. This move was in line ...

Interest rates in New Zealand are again back in the basement, with a fresh 25 basis point cut taking the official cash rate to 2.25 per cent. Sharp. Close to the ground. Digging deep. Your weekday ...

The Reserve Bank of New Zealand has cut its benchmark interest rate by 50 basis points to 3.75%, in an effort to boost economic activity while inflation pressures continue to ease. This is its third ...

SYDNEY, May 30 (Reuters) - New Zealand's interest rates are in the 2.5%-3.5% neutral band, with past policy easing yet to flow through to the economy to make future moves more dependent on how the ...

New Zealanders have been much harder hit by interest rate rises than Australians since the pandemic, and one economist says the country would be in better shape if the Reserve Bank had followed the ...