Reserve Bank Governor Adrian Orr speaks after cutting the OCR

Newsable
19/02/2025 45 min
Reserve Bank Governor Adrian Orr speaks after cutting the OCR

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Episode Synopsis

As widely predicted, the Reserve Bank has cut the official cash rate by 50 basis points to 3.75%, the lowest level in two years.
RBNZ Governor Adrian Orr held a press conference following the decision, stating that the cut reflects the ongoing decline in inflation and their confidence that this trend will continue.
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