The OCR employees were fired in March as part of a broader reduction in force at the Education Department. The Education ...

The agency told staff they will be working on the office’s casework of complaints while off administrative leave.

The experts mostly see the OCR at 2.25%-2.5% in a year's time but have concerns about the possibility of the Reserve Bank over-stimulating the economy.

While the Reserve Bank has left the door open for further OCR easing, economists say it’s not as wide as many would have ...

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The Trump administration has fired, or tried to fire, many of the federal staff members who manage and enforce federal ...

As today’s news was already priced in for the most part, the immediate impact has been modest, and the NZ dollar has strengthened slightly against the Euro and USD. But the central bank has left the ...

Westpac NZ has moved quickly to cut variable lending rates for home loan and business customers following today’s OCR cut – while holding a savings rate unchanged.

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The Reserve Bank has cut the official cash rate to its lowest level in three years to support economic recovery. The central ...