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interest rateCNBC
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88% Informative
The RBNZ slashed rates from 5.25% to 4.75% on Wednesday , marking its second straight cut to its interest rate since August .
In August , the central bank unexpectedly cut rates by 25 basis points.
New Zealand's annual inflation rate hit 7.3% in the June quarter 2022 , its highest level in over three decades .
VR Score
95
Informative language
97
Neutral language
71
Article tone
informal
Language
English
Language complexity
31
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
2
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no affiliate links