New Zealand’s Central Bank Drops Cash Rate to 2.5 Percent as Economy Wobbles

Date:

New Zealand’s Central Bank Drops Cash Rate to 2.5 Percent as Economy Wobbles

A pedestrian walks past the Reserve Bank of New Zealand (RBNZ) in Wellington, New Zealand on Sept. 24, 2025. Hagen Hopkins/Getty Images

New Zealand’s Reserve Bank has slashed the official cash rate (OCR) by 50 basis points to 2.5 percent in a move that surprised many in the markets.

It also signalled that there may be further easing in future.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Chinas Fuel Price Hike Triggers Gas Lines as Global Oil Prices Climb

Vehicles in China line up at gas stations with...

Weatheradio Going Off the Air as Environment Canada Moves Emphasis to Online and Apps

Fallen tree branches are shown on a street in...

NS First Nation Tells Government and RCMP to Stay out of Cannabis and Tobacco Sales

Julie Payette, former governor general of Canada, presents the...

US Manufacturers Optimism Is Rising: Survey

President Donald Trump arrives to deliver a speech at...