The New Zealand Reserve Bank’s Monetary Policy Committee lowered the Official Cash Rate to 4.25% from 4.75%. The bank’s updated projections are consistent with another 50-point reduction at its next decision on Feb. 19, Governor Adrian Orr told reporters at a press conference. “But it’s also conditional on economic projections panning out,” he said. “Economic … Continue reading "Kiwis See Another Rate Cut As The RBNZ Takes A Different Path!"