Economics
New Zealand Is Poised to Cut Interest Rates as the Economy Cools
- Economists, traders unsure whether Orr will move Wednesday
- ‘Nail-biting’ decision is first to be made by new committee
The Reserve Bank of New Zealand headquarters in Wellington, New Zealand.
Photographer: Birgit Krippner/BloombergThis article is for subscribers only.
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New Zealand’s central bank may cut interest rates to fresh historic lows as the economy cools and inflation falls further below target.