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Economy

New Zealand Slashed it’s Interest Rates

#NewZealand #CashRate #RBNZ

The Reserve Bank of New Zeland has slashed its cash rate beyond forecasts by 50 basis points. Let’s look at the statement of from the Bank and then get an overview of their economy.

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References

https://tradingeconomics.com/new-zealand/interest-rate

https://www.rbnz.govt.nz/