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AAP

Ben McKay

Reserve Bank of NZ cuts rates again as inflation falls

New Zealand Christian Hawkesby the Reserve Bank of New Zealand ANZ Jarrod Kerr Economy

New Zealand's economy is enduring a tough run of low growth after a deep six-month recession. (James Lane/AAP Photos)

New Zealand's central bank has cut rates for a sixth straight meeting, confirming inflation is under control, but amid concerns about the economy.

The Reserve Bank of New Zealand (RBNZ) reduced the official cash rate (OCR) by 25 basis points to 3.25 per cent on Wednesday.

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