There is a lot of talk about a 50bp cut by the RBNZ in a couple of weeks due to COVID-19. But what does this mean, and why are we cutting interest rates to battle a bad flu?
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Do we need to lower interest rates to battle…
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There is a lot of talk about a 50bp cut by the RBNZ in a couple of weeks due to COVID-19. But what does this mean, and why are we cutting interest rates to battle a bad flu?