The Reserve Bank of New Zealand (RBNZ) has reduced the Official Cash Rate (OCR) by 25 basis points to 3.5%, citing concerns over recently announced global trade barriers and their potential negative impact on economic activity.
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RBNZ Cuts OCR to 3.5% as Global Trade…
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The Reserve Bank of New Zealand (RBNZ) has reduced the Official Cash Rate (OCR) by 25 basis points to 3.5%, citing concerns over recently announced global trade barriers and their potential negative impact on economic activity.