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 ...

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

The U.S. dollar index was flat at 99.433, having retreated from a six-month high hit a week ago to head for its largest ...

New Zealand's major banks should manage to maintain their return on equity at about 11% to 12% over the next couple of years ...

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Multiple banks have already started to drop their home loan rates following the Reserve Bank of New Zealand’s decision to slash the Official Cash Rate by 25 basis points to 2.25%. The Co-operative ...

Assistant Governor Karen Silk on what the RBNZ will be watching before its next OCR review and what new Governor Anna Breman ...

The first complete monthly consumer price index (CPI) will be released on Wednesday, 26 November, marking the transition from ...

Europe's early 0.2%-0.4% gains echoed the day's 0.3% rise for MSCI's world stocks index as gains in Asia, and from Wall ...

Reserve Bank Governor Lesetja Kganyago announced the first interest rate cut since July on Thursday, of 25 basis points, ...

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Wednesday, as Asian ...

The Reserve Bank may cut the Official Cash Rate by a further 25 basis points to boost the economy. Despite lower rates, growth remains modest, with business activity in contraction and unemployment at ...