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  1. New Zealand Keeps Rate Unchanged As Expected

    by , 09-25-2019 at 10:41 AM
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    New Zealand's central bank left its key interest rate unchanged after cutting the rate by 50 basis points in August. The Monetary Policy Committee of Reserve Bank of New Zealand headed by Adrian Orr, on Wednesday decided to hold the Official Cash Rate at 1.0 percent. The MPC observed that new information since August did not warrant a significant change to the monetary policy outlook.

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