November 7, 2024
Tangible Assets

RBNZ Aims to Lower Cash Rate at Measured Pace, Governor Says

(Bloomberg) — New Zealand’s central bank intends to reduce interest rates toward a more neutral setting at a measured pace, now that it has begun its easing cycle, Reserve Bank Governor Adrian Orr said. Most Read from Bloomberg The RBNZ cut the Official Cash Rate by a quarter-percentage point to 5.25% yesterday and forecast it

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