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RBNZ delivers second rate hike, promises more to come – The Australian Financial Review
The Reserve Bank of NZ raised the cash rate for a second consecutive meeting, and flagged further increases to counter inflation…
However, it expects inflation to return towards the 2 per cent midpoint of its target band over the next two years.
A tightening in the labour market, with employment now above its maximum sustainable level, has squeezed out spare capacity and driven down…
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