MNI BRIEF: RBNZ Cuts OCR 50bp To 4.75%

MNI BRIEF: RBNZ Cuts OCR 50bp To 4.75% MNI (SYDNEY) - The Reserve Bank of New Zealand monetary policy committee has eased the official cash rate 50 basis points to 4.75%, noting inflation has moved inside the 1-3% target and is converging o
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