Reserve Bank of New Zealand announce cash rate cut to 5.25%Reserve Bank of New Zealand has cut its Offical Cash Rate by 25 bps. Market pricing had tipped this, while most analyst did not.
Added - a few tech gremlins have beset me ... I've posted all the statement and minutes main points separately, here:
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This article was written by Eamonn Sheridan at www.forexlive.com.
Source: Reserve Bank of New Zealand announce cash rate cut to 5.25% (https://www.forexlive.com/centralbank/reserve-bank-of-new-zealand-announce-cash-rate-cut-to-525-20240814/)
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