The financial outlook is looking bright – OCR cut to 4.25%
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Today, the RBNZ cut the OCR to 4.25%, reducing it by 50 basis points. It’s been an active second half of the year, with two OCR reductions in recent months – August reducing 25bp from 5.50% to 5.25%, then 50bp in October from 5.25% to 4.75%. Today is the final change of the year and […]