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RBNZ hikes 75bps to 4.25%, tightening not finished

RBNZ raises the Official Cash Rate by a record 75bps to 4.25% as widely expected. The central bank maintained that “monetary conditions needed to continue to tighten further, so as to be confident there is sufficient restraint on spending to bring inflation back within its 1-3 percent per annum target range.” During the meeting, increases […] The post RBNZ hikes 75bps to 4.25%, tightening not finished appeared first on Action Forex... Read More

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Rbnz

Hikes

75bps

25 Tightening

Finished

4 25

Forex

Posted: Nov 23 2022, 04:20

Author Name: actionforex

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