Economy News New Zealand Slips Into Its Second Recession In 18 Months As Economy Contracts
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New Zealand delivers jolt to frail economy with 50-bp rate cut, flags more easing
(Corrects to restore dropped word in brokerage name in penultimate paragraph) By Lucy Craymer WELLINGTON (Reuters) -New Zealand's central bank slashed its benchmark rate by an aggressive 50 basis ... Read More
New Zealand delivers jolt to frail economy with 50-bp rate cut, flags more easing
RBNZ cuts benchmark rate by an aggressive 50bps, signals more to come NZ dollar and interest rate swaps tumble post-rate cut RBNZ's larger cut comes as economy struggles despite previous raft of cuts ... Read More
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