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The Reserve Bank of New Zealand today cut its benchmark rate by 25 basis points to 3.50%

Reserve Bank of New Zealand cuts rates as tariffs loom

New Zealand's central bank cut its benchmark rate today, as widely expected, signalling a greater readiness to lower borrowing costs further as the economy faces headwinds from weak demand and trade barriers.

Business • 09 Apr

The Reserve Bank of New Zealand building in Wellington, New Zealand

New Zealand's central bank keeps key rate at 5.5%

New Zealand's central bank held its cash rate steady today, as expected, cautioning that interest rates need to remain restrictive for a sustained period to drive inflation down to its 1% to 3% target.

Business • 10 Apr 24

The Reserve Bank of New Zealand has raised rates by 75 basis points to 4.25%

New Zealand delivers record rate hike, flags recession

New Zealand's central bank has today hiked interest rates by a record amount and warned the economy might have to spend an entire year in recession to bring sky-high inflation under control.

Business • 23 Nov 22

The Reserve Bank of New Zealand lifts rates to a seven year high of 3.5%

New Zealand's central bank lifts rates to 7-year high

New Zealand's central bank has today lifted interest rates to a seven-year high and promised more pain to come as it struggles to cool red-hot inflation in an over-stretched economy.

Business • 05 Oct 22

The Reserve Bank of New Zealand raised the official cash rate by 50 basis points to 2.5% - a level not seen since March 2016

Reserve Bank of New Zealand raises rates again

New Zealand's central bank delivered its sixth interest rate rise in a row today and signaled it remained comfortable with its planned aggressive tightening path to restrain runaway inflation.

Business • 13 Jul 22

The Reserve Bank of New Zealand has raised the official cash rate by 50 basis points to 2%, a level not seen since November 2016

New Zealand raises rates and signals a lot more to come

New Zealand's central bank delivered its fifth interest rate hike in a row today and signalled a much more aggressive tightening path as authorities seek to reduce the second-round effects of runaway inflation.

Business • 25 May 22

The Reserve Bank of New Zealand lifted the official cash rate a quarter of a percentage point to 0.75% in the final policy meeting of 2021

New Zealand hikes rates again, warns on more to come

New Zealand's central bank raised interest rates for the second month in a row today to keep surging consumer prices in check and warned homeowners in the country's red hot housing market to get ready for more hikes.

Business • 24 Nov 21

The kiwi dollar tumbled 2% to $0.6378, its lowest since early 2016

New Zealand stuns by slashing interest rates

New Zealand's central bank stunned markets by cutting interest rates a steep 50 basis points and even flagged the risk of going nuclear by taking rates below zero, a radical shift that drove its currency to three-and-a-half year lows.

Business • 07 Aug 19

Two more central banks warn the potential damage to their banking systems could outweigh the benefits of cryptocurrencies

Australia, NZ central banks shun digital currencies

The central banks of Australia and New Zealand have ruled out the notion that they would issue official cryptocurrencies anytime soon.

Business • 26 Jun 18

Reserve Bank of New Zealand