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Echoing the Federal Reserve’s move to cut interest rates by a half-percentage point — marking just the second rate reduction in more than four years — regional banks have lowered their prime lending ...

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He made the same bold call for a 75-basis-point cut for the recent October decision, only to be confounded by the RBNZ’s 50-basis-point cut to 4.75%. Smith is not deterred that he’s swimming ...

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