New Zealand cuts cash rate by 50 bps, flags further easing


— Bloomberg

WELLINGTON: New Zealand's central bank cut the cash rate by 50 basis points to 4.25% on Wednesday, as annual inflation ran near the 2% midpoint of its target range and economic activity remained subdued.

The decision was in line with expectations, with 27 of the 30 economists in a Reuters poll forecasting the Reserve Bank of New Zealand (RBNZ) would cut the cash rate by 50 basis points. This follows a similar move in October.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
NZ , interest rate , RBNZ , inflation

Next In Business News

Kelvin Tan Aik Pen returns to Innoprise Plantations as managing director
Bursa Malaysia ends morning session easier
Malaysia's official reserve assets at US$124.12bil as at end-Nov 2025
MSC appoints co-group CEOs
Asian stocks set for strongest annual jump in eight years on AI bets
China's factory activity edges back to growth in December, private PMI shows
Oil slips as Brent heads for longest stretch of annual losses in 2025
Bursa Malaysia poised to wrap 2025 on a multi-year high
Ringgit opens higher as US$ slips after FOMC minutes
Trading ideas: Genting, Sunview, Apex Healthcare, Cypark, Citaglobal, HeiTech Padu, Insas, Propel Global, Solar District, TT Vision, UEM Sunrise

Others Also Read