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NZ CENTRAL BANK CUTS RATE TO 3-YEAR LOW, FLAGS MORE EASING

  • NEWS Desk Global
  • Aug 20, 2025
  • 1 min read

New Zealand's central bank cut its policy rate by 25 basis points to a three-year low of 3.00% on Wednesday, and flagged further reductions in coming months as policymakers warned of domestic and global headwinds to growth.

The central bank's dovish tone caught markets offguard and sent the New Zealand dollar tumbling 1.2% to a 4-month low at $0.5817, while two-year swap rates slumped as deep as 2.93% -- their lowest level since early 2022.

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