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

Yum Brands to Sell Pizza Hut for $2.7 Billion

A Pizza Hut store in Costa Mesa, Calif., on...

Nvidia Joins AI Borrowing Frenzy with $25 Billion Bond Sale

President Donald Trump listens as Nvidia CEO Jensen Huang...

Inflation Continues Rising: Will an Iran Truce End That Trend?

President Donald Trump and Kevin Warsh during his swearing...

American Doctor Who Had Ebola Returns to US

Cleaning staff wash reusable boots and gloves, disinfect equipment,...