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globalreutersFebruary 19, 20251 Mins read
Breaking: RBNZ slashes interest rate by 50 bps to 3.75%, as expected
globalreutersFebruary 19, 20251 Mins read The Reserve Bank of New Zealand (RBNZ) is widely expected to lower the Official Cash Rate (OCR) by another 50 basis points (bps) from 4.25% to 3.75% when it announces its interest rate decision on Wednesday at 01:00 GMT.
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