News list for "New Zealand Federal Reserve"
List of key interest rate decisions of the Reserve Bank of New Zealand
1. Levels of interest rates: The Reserve Bank of New Zealand unexpectedly cut interest rates by 25 basis points, reducing rates from 5.5% to 5.25%, the first rate cut since March 2020. 2. Interest rate outlook: The average official cash rate is expected to be 4.92% in the fourth quarter of 2024 and 4.62% in Quarter 1 2025. The average official cash rate is expected to decrease by 101 basis points by mid-2025. 3. Monetary policy: Monetary policy will need to remain restrictive for some time. The ...
2024-08-14 02:17:10
New Zealand Federal Reserve President Orr will hold a monetary policy press conference in ten minutes.
New Zealand Federal Reserve President Orr will hold a monetary policy press conference in ten minutes.
2024-08-14 02:50:00
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