RBNZ Cuts Rates by 0.50% for the Third Consecutive Meeting But Kiwi Rebounded
The Reserve Bank of New Zealand (RBNZ) cut its Official Cash Rate (OCR) by 50 basis points to 3.75% in their February meeting, marking its third consecutive substantial rate reduction.
The Reserve Bank of New Zealand (RBNZ) cut its Official Cash Rate (OCR) by 50 basis points to 3.75% in their February meeting, marking its third consecutive substantial rate reduction.
