New Zealand Reserve Bank Lowers Official Cash Rate by 50 Basis Points
2025-06-07 08:50:20 Source：pv Classification: XM登录
On Wednesday,XM下载 February 19th, the New Zealand Reserve Bank announced a 50 basis point reduction in the Official Cash Rate (OCR) to 3.75%. This decision aligned with market expectations. Additionally, the Reserve Bank did not revise its final rate forecast, keeping it at 3.10%. This contributed to the relatively strong performance of the New Zealand dollar in the market.