The Reserve Bank has cut the OCR by 25 basis points to 3 percent, citing spare capacity in the economy and easing inflation pressures. The Committee signalled that if inflation continues to ease, further cuts are possible. [READ ON]
The Reserve Bank has cut the OCR by 25 basis points to 3 percent, citing spare capacity in the economy and easing inflation pressures. The Committee signalled that if inflation continues to ease, further cuts are possible. [READ ON]
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