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New Zealand expectedly lowers benchmark rate by 50 basis points in its third straight cut

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Summary
Nutrition label

86% Informative

The Reserve Bank of New Zealand's interest rate now stands at 4.25% .

In October , the RBNZ had also cut the cash rate by 50 bps, following a 25 bps cut in August .

GDP growth in New Zealand has been slowing, falling 0.2% on an annual basis.

Lower inflation has provided the country room to cut rates and fuel economic growth.

VR Score

93

Informative language

98

Neutral language

15

Article tone

formal

Language

English

Language complexity

39

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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