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New Zealand dollar slumps on outlook for further interest rate cuts
The Reserve Bank of New Zealand cut interest rates by a quarter of a percentage point to 3 per cent, as expected, but said two of the six members of its Monetary Policy Committee voted for a bigger cut of half a percentage point.
New Zealand’s central bank cut its policy rate by 25 basis points today (August 20) and said that the country’s economic ...
New Zealand's central bank has cut its policy rate by 25 basis points (bps) to a three-year low of 3%, and flags further reductions in the coming months as policymakers warn of domestic and global ...
The New Zealand Dollar is the worst performer of the G8 currencies so far on Wednesday. The pair has lost more than 1% ...
New Zealand’s central bank plans to cut about a fifth of its workforce in the next two months in response to the government’s ...
Former New Zealand central bank governor Adrian Orr's surprise resignation in March was due to his disagreements with the Treasury ministry over proposed cuts to the bank's operating budget ...
The central bank on Wednesday kept its cash rate at a record low 0.25% and maintained a ceiling of 100 billion New Zealand dollars ($70.5 billion) for its purchases of New Zealand ...
WELLINGTON, New Zealand — New Zealand’s central bank said Sunday that one of its data systems has been breached by an unidentified hacker who potentially accessed commercially and ...
WELLINGTON, Nov 3 (Reuters) - New Zealand’s central bank needs to improve its understanding of how climate change, the macroeconomy and monetary policy interact, Governor Adrian Orr said on ...
WELLINGTON, New Zealand--The Reserve Bank of New Zealand said it is boosting monetary stimulus to counter the pandemic's economic damage. The central bank on Wednesday raised the limit ...
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