Herald Reporters

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Liam Dann and Michael Morrah discuss today's Reserve Bank OCR decision. Video / Jason Dorday

A major bank is cutting one of its medium-term home loan rates.

The move by Westpac to cut its special 18-month rate by 0.26% to 5.19% from Monday comes two days after the Reserve Bank shocked economists with a decision to keep the Official Cash Rate at 2.75%.

The

Source: New Zealand Herald · Herald Reporters

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World
Country
🇳🇿 NZ
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EN
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