Inflation tipped to fall as RBNZ holds OCR at 2.25%
RBNZ’s rate track implies one hike by the end of the year is a likelihood.
WATCH: RBNZ governor Dr Anna Breman speaks to media
Hot inflation is expected to cool this year as the Reserve Bank holds the official cash rate steady to support New Zealand's economic recovery, although one hike is now expected by the end of the year.
As expected, the central bank held the OCR at 2.25% today, in its first decision under new
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