RBNZ leaves OCR on hold at 3.25%
The central bank is closely monitoring inflation, which is hovering near the top end of the 1-3% target band.
Most economists had predicted the pause this week.
New Zealand’s central bank has left the official cash rate on hold at 3.25%, as widely expected, but maintains an easing bias if inflation remains under control.
Most economists had predicted the pause this week as inflation hovers near the top end of the RBNZ’s 1-3% target band.
The Monetary
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