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Australia-Pacific

New Zealand's RBNZ expected to hold cash rate at 2.25%

New Zealand's Reserve Bank (RBNZ) is expected to hold its official cash rate steady at 2.25%. The decision comes at a time of continuing economic uncertainty.

Wellington harbour and city skyline by day
Photo: Mitchell Henderson / Pexels
RNZ Business1 h ago

New Zealand's Reserve Bank (RBNZ) is expected to keep its official cash rate steady at 2.25%, with economists broadly aligned on that outlook. The expectation reflects a wide consensus heading into the decision.

The move comes at a time when pressures on household budgets and growth persist. As the bank works to balance inflation against economic activity, signals about its future steps are being watched closely.

Markets will weigh not only the rate decision itself but also the bank's forward guidance. This article is not investment advice; the expectations are attributed to RNZ's reporting.

Central BanksInflationAustralia-PacificRNZ Business
This article is an AI-curated summary of the original story published by RNZ Business. The illustration is a stock photo by Mitchell Henderson from Pexels and is not from the original story.

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