The RBNZ slashed rates from 5.25% to 4.75% on Wednesday, marking its second straight cut to its interest rate since August.
Related Posts
Abu Dhabi’s ADNOC to acquire German chemicals firm Covestro for $16.4 billion
Abu Dhabi’s state oil firm ADNOC announced it will buy German firm Covestro in a 14.7 billion-euro deal ($16.4 billion).
Shares of generator maker Generac soar, insurance stocks fall as Hurricane Milton intensifies
Power generation and insurance stocks are moving as Hurricane Milton heads toward Florida.
Japan’s core inflation in October rises to a 3-month high, supporting the case for rate hikes
Core inflation, which strips out prices of fresh food, came in at 3% as expected by economists polled by Reuters.