New Zealand cuts interest rates 0.25 points to 3.25%
New Zealand`s central bank cut interest rates for the first time in more than four years on Thursday, trimming the base rate 0.25 points to 3.25 percent amid lower-than-expected inflation.
Jun 11, 2015, 09:16 AM ISTNew Zealand annual inflation at 15-year low
New Zealand`s annual inflation rate eased to 0.1 percent in the 12 months to March, the lowest in 15 years, official data showed Monday.
Apr 20, 2015, 07:41 AM IST