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Big OCR cut boosts hopes for economic recovery: ‘Past the worst’
The Reserve Bank today delivered a 50 basis point cut to the Official Cash Rate. Source: NZ Herald Business News
ANZ, ASB and Westpac react to OCR cut: Floating, flexible loan rates down after Reserve Bank decision
It follows a string of pre-emptive cuts by banks to fixed-term rates last week. Source: NZ Herald Business News
Reserve Bank slashes Official Cash Rate by 50 basis points to 2.5%
The NZ sharemarket rose after the cut to a near intraday high. Source: NZ Herald Business News
Inside Economics: One shot or two? Why the RBNZ’s interest rate call is so tricky
Analysis: Liam Dann takes a deeper dive into the week's economic news. Source: NZ Herald Business News
Housing market New Zealand: Mum and dad buyers lead increase in property investors, report says
Lower interest rates are helping investors back into the market. Source: NZ Herald Business News