{"id":197880,"date":"2025-10-08T13:45:15","date_gmt":"2025-10-08T13:45:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/197880\/"},"modified":"2025-10-08T13:45:15","modified_gmt":"2025-10-08T13:45:15","slug":"new-zealands-central-bank-says-it-is-open-to-cutting-rates-more","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/197880\/","title":{"rendered":"New Zealand\u2019s central bank says it is open to cutting rates more"},"content":{"rendered":"<p>New Zealand\u2019s central bank slashed interest rates by a hefty half a percentage point and flagged it would consider lowering it further, surprising economists and traders who expected a smaller reduction.<\/p>\n<p>The Reserve Bank of New Zealand\u2019s decision to cut the official cash rate to 2.5 per cent pushed the New Zealand dollar down 1 per cent against the US dollar to a six-month low of US57.43\u00a2. The Australian dollar climbed to a three-year high at $NZ1.14, putting it close to a decade-plus peak.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"New Zealand\u2019s central bank slashed interest rates by a hefty half a percentage point and flagged it would&hellip;\n","protected":false},"author":2,"featured_media":197881,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-197880","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/197880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=197880"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/197880\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/197881"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=197880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=197880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=197880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}