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New Zealand Dollar: RBNZ defers hikes as inflation builds – Standard Chartered

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New Zealand Dollar: RBNZ defers hikes as inflation builds – Standard Chartered

Standard Chartered’s Bader Al Sarraf and Nicholas Chia note that the RBNZ unexpectedly held its OCR at 2.75% in a narrow 4-3 vote, weighing on the New Zealand dollar despite signals that further tightening remains likely.

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