International Economic

New Zealand central bank delivers larger-than-expected rate cut

By Abigail Townsend

Date: Wednesday 08 Oct 2025

(Sharecast News) - New Zealand's central bank slashed interest rates on Wednesday, as it looked to bolster the country's faltering economic recovery.
The Reserve Bank of New Zealand cut the cost of borrowing by an outsized 50 basis points, taking the official cash rate to 2.5%, the lowest level since July...

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