The Reserve Bank of New Zealand (RBNZ) has decided to keep the official cash rate at 5.50%, aligning with economists' expectations. With a national election approaching this month, concerns over cost-of-living pressures and economic management are at the forefront of voters' minds. Despite maintaining a hawkish bias, the RBNZ is actively evaluating whether their actions thus … [Read more...] about New Zealand’s Central Bank Holds Interest Rates Steady Ahead of Election
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