The Reserve Bank has today announced its official cash rate call.
New Zealand central banker Graeme Wheeler is going to need more than a plain-vanilla rate cut if he wants a weaker local currency.
Weaker inflation than expected may give the Reserve Bank scope to drop interest rates again.
New Zealand’s central bank said it will issue an unscheduled assessment of the economy next week, prompting traders to increase bets on an interest-rate cut in August.
New Zealand’s economic growth was stronger than economists forecast last quarter as construction boomed and a rising population increased demand for health-care services
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