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Kiwibank is lifting its one-year term deposit rates to more competitive levels, after the Reserve Bank (RBNZ) signalled its intention to keep the official...
RBNZ leaves Official Cash Rate at 5.5%, but says domestic inflation is slow to fall and now puts a 60% chance of a further OCR hike by the end of this year; now doesn't see inflation getting back under 3% till the fourth quarter of the year
The Reserve Bank of New Zealand (RBNZ) will announce its Interest Rate Decision on Wednesday, February 28 at 01:00 GMT and as we get closer to the release time, here are the expectations as forecast by the economists and researchers of eight major banks.
The Australian dollar was aiming for a third straight week of gains on Friday as it benefits from carry demand against the yen, while the New Zealand dollar weathered a dire report on retail sales...