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RBNZ holds rates, hints at longer duration of restrictive policy

RBNZ holds rates, hints at longer duration of restrictive policy
RBNZ has opted to keep the Official Cash Rate stable at 5.50%, aligning with broad market anticipations. The minutes of the meeting revealed a consensus among committee members that restrictive interest rate environment might be needed “for a more sustained period of time”. In the short term, RBNZ is looking at a scenario where domestic […] The post RBNZ holds rates, hints at longer duration of restrictive policy appeared first on Action Forex... Read More
Posted: Oct 4 2023, 02:41
Author Name: actionforex
Views: 082973

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