Focus
official cash rate
Reserve Bank of New Zealand Cuts Interest by Half a Percent
The Bank today lowered the Official Cash Rate (OCR) by 50 basis points in an attempt to boost a sluggish economy.
Reserve Bank of NZ Defends Move to Keep Cash Rate High
New Zealand’s Reserve Bank says its following the trend of central banks worldwide, despite the US Federal Reserve’s recent 0.5 percentage point cut.
Australian Official Cash Rate Lifted to 4.35 Percent in November
The recent rise in inflation risks was the main reason for the RBA’s decision.
