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Special report: The OCR cut: what it means for interest rates in NZ

Special report: The OCR cut: what it means for interest rates in NZ

Bernard Hickey has a closer look at the 50 basis point cut in the Official Cash Rate to 2.50% this morning, and what it could mean for mortgage and term deposit rates. See our mortgage rates page here. For term deposit rates less than one year, see here. For term deposit rates one year and more, see here.

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