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 interest rates stay on hold
New Zealand`s central bank left interest rates unchanged at 3.5 percent on Thursday, citing modest inflation despite above-trend economic growth.
Oct 30, 2014, 03:20 AM IST