New Zealand Central Bank Lowers Interest Rate by 50 Basis Points

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The Reserve Bank of New Zealand's 50 basis point interest rate cut aligns with market expectations, signaling a proactive approach to stimulating economic growth and managing inflationary pressures.

According to Odaily, the Reserve Bank of New Zealand has reduced its interest rate by 50 basis points, bringing it down to 4.25%. This move aligns with market expectations and marks the third consecutive rate cut by the central bank.

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New Zealand Central Bank Lowers Interest Rate by 50 Basis Points

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