2024-08-14 03:52:52

New Zealand took the lead in cutting interest rates this afternoon at 2 o'clock, with Adrian Orr, Governor of the Reserve Bank of New Zealand, announcing that the official cash Intrerest Rate (OCR) will be reduced by 25 basis points from 5.5% to 5.25%, marking the first cut in nearly 4 years.

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SimpleGetRich

· 2024-08-14 03:53

New Zealand took the lead in cutting interest rates this afternoon at 2 o'clock, with Adrian Orr, Governor of the Reserve Bank of New Zealand, announcing that the official cash Intrerest Rate (OCR) will be reduced by 25 basis points from 5.5% to 5.25%, marking the first cut in nearly 4 years.

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