By Mitchell Hall Reserve Bank governor Allan Bollards surprise decision to cut the Official Cash Rate this morning been greeted with approval by economists

(RTTNews) - The Reserve Bank of New Zealand (RBNZ) reduced interest rates for the first time in five years on Thursday, and hinted that more cuts were

Much attention will be on the Reserve Bank this morning as it reviews interest rates. The Official Cash Rate has sat at 8.25 percent since last July,

WELLINGTON (AFP) — New Zealand's central bank cut interest rates for the first time in five years Thursday, saying the slowing economy would curb persistent

By DAVID HARGREAVES - BusinessDay.co.nz | Thursday, 24 July 2008 The Reserve Bank has lowered New Zealand's official interest rates to 8 per cent from 8.25

Wellington - New Zealand's central bank cut its benchmark interest rate from 8.25 per cent to 8 per cent on Thursday, its first reduction for five years.