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RBNZ slashes interest rate by 50 bps to 4.75%, as widely expected

https://www.fxstreet.com/news/rbnz-expected-to-cut-interest-rate-by-50-bps-amid-declining-inflation-and-slowing-economic-activity-202410082015
The Reserve Bank of New Zealand (RBNZ) is set to follow the US Federal Reserve’s (Fed) footsteps when it announces its interest rate decision on Wednesday at 01:00 GMT…

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