All major banks cut interest rates after official cash rate drops
All the major banks have moved to cut interest rates, after the Reserve Bank delivered a 50 basis point cut to the official ...
RBNZ’s Orr: OCR path projects 50 bps by mid this year, around July
Orr is taking questions from the media. OCR path projects 50 bps by mid this year, around July. Economy has significant spare capacity. Cuts in April and May are about right. NZD/USD keeps losses as ...