The Reserve Bank of New Zealand (RBNZ) lowered the Official Cash Rate (OCR) by 25 basis points to 3.5% at its April monetary policy meeting, a decision consistent with market forecasts. This reduction represents a cumulative 200 basis point decrease since August 2024. The accompanying Monetary Policy Statement (MPS) will be analyzed for indications of future policy adjustments, which are anticipated to influence the New Zealand Dollar (NZD).
