The Reserve Bank of New Zealand will lower its key interest rate to 3% on Wednesday to support the economy amid contained ...

New Zealand's central bank said on Monday it was proposing cutting roughly a fifth of its workforce to save costs after the ...

SYDNEY—The Reserve Bank of New Zealand kept interest rates on hold, telling financial markets that it needs to keep watch on inflation risks, which have risen in recent months. The official cash ...

New Zealand's central bank cut its benchmark rate by 25 basis points to 3.25% on Wednesday and flagged a slightly deeper easing cycle than it forecast three months ago, underlining the rising ...

WELLINGTON (Reuters) -Former New Zealand central bank governor Adrian Orr's surprise resignation in March was due to his disagreements with the Treasury ministry over proposed cuts to the bank's ...

By Reuters | May 15, 2025, at 11:15 p.m. ... Reuters A man walks past stores at the main shopping district, in Wellington, New Zealand June 18, 2024. REUTERS/Lucy Craymer/File Photo ...

The Reserve Bank of New Zealand cut its official cash rate by 25 basis points to 3.25% at its May 2025 policy meeting, marking its sixth consecutive rate cut since August 2024.