• 11/29/2024

RBNZ Announces Another Hike as Cyclone Clean Up Lifts Economy

Wall Street Journal

The Reserve Bank of New Zealand raised its official cash rate by a further 25 basis points, warning that inflation remains too high and that interest-rate settings will need to remain restrictive for some time yet.

https://www.wsj.com/articles/rbnz-announces-another-rate-hike-as-cyclone-clean-up-lifts-economy-3583e27d