New Zealand central bank cuts rates by larger-than-expected 50bps, flags more easing

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WELLINGTON: New Zealand’s central bank surprised some in the markets by slashing its benchmark rate by 50 basis points to 2.50% on Wednesday, and kept the door open for further easing, suggesting policymakers were worried about the frail state of the economy. Read full story

Date: 8 October, 2025 10:01 am
Source: thestar.com.my

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