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flag New Zealand's central bank is expected to cut interest rates by 0.5% to boost the economy.

flag The Reserve Bank of New Zealand (RBNZ) is anticipated to lower its cash rate by 50 basis points on November 27th, following previous reductions. flag This move aims to stimulate a struggling economy affected by domestic and global factors. flag The RBNZ Shadow Board and other institutions predict this cut will help the rate return to a neutral position and boost economic growth. flag The New Zealand dollar is expected to weaken further, potentially falling to 58 US cents by year-end due to these rate cuts and economic conditions.

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