The Reserve Bank of New Zealand (RBNZ) announced on Wednesday that it cut the Official Cash Rate (OCR) by 25 basis points (bps) from 3.75% to 3.5% after concluding the April monetary policy meeting.

Geopolitical risks had escalated, particularly following the US imposition of sweeping tariffs on imports from many countries, including New Zealand, it said. “These developments have heightened ...

New Zealand's inflation expectations rose in the second quarter to its highest in a year, a Reserve Bank of New Zealand (RBNZ ...

With the global markets facings massive turbulence following US President Donald Trump’s decision to start a tariff war, the Reserve Bank of New Zealand (RBNZ) on Wednesday (April 9) decided to ...

New Zealand’s jobless rate unexpectedly held steady in the first quarter as fewer people sought work in a sluggish economy.