The Monetary Policy Committee today agreed to reduce the Official Cash Rate by 25 basis points to 3.5 percent. Annual consumer price inflation remains near the mid-point of the Monetary Policy ...

On balance, these developments create downside risks to the outlook for economic activity and inflation in New Zealand. "As the extent and effect of tariff policies become clearer, the committee has ...

Westpac NZ is moving swiftly to pass on today’s official cash rate cut in full to variable lending and savings customers. Effective Monday 14 April for new customers and Monday 21 April for ...

WELLINGTON – New Zealand’s central bank cut its benchmark ... The committee agreed that a 25 basis point reduction in the official cash rate (OCR) would be consistent with a mandate of ...