Lucy Craymerediting News Today : Breaking News, Live Updates & Top Stories | Vimarsana

WELLINGTON (Reuters) -New Zealand's central bank held the cash rate steady at 5.5% on Wednesday and trimmed the forecast peak for rates, catching markets by surprise as policymakers said the risks to the inflation outlook have become more balanced. The decision was in line with expectations from 28 economists in a Reuters poll with all but one forecasting the Reserve Bank of New Zealand (RBNZ) would leave the cash rate at a 15-year high for the fourth consecutive meeting. Global central banks, led by the Federal Reserve, have recently pushed back against market expectations for an early...

By Lucy Craymer WELLINGTON (Reuters) -New Zealand is aware of ongoing intelligence activity linked to China in and against the island nation and regio...

By Lucy Craymer WELLINGTON (Reuters) - New Zealand on Thursday announced a worse-than-forecast budget deficit as a slowing economy and a lower tax take ...

By Lucy Craymer WELLINGTON (Reuters) -New Zealand's central bank raised interest rates by 50 basis points to a more than 14-year high of 4.75% on

By Lucy Craymer WELLINGTON (Reuters) -New Zealand business confidence and demand worsened in the first quarter of this year due to the ongoing damage ...