RBNZ Governor Says Further Rate Increases Highly Likely

Reserve Bank of New Zealand Governor Anna Breman said further Official Cash Rate increases are highly likely at coming meetings, according to Bloomberg. The decision came after policymakers voted 4-3 to hold rates unchanged at their most recent meeting. Breman cited anchored inflation expectations, subdued wage growth, and weak domestic demand in her assessment.

• Bloomberg — RBNZ Governor Says Further Rate Increases Highly Likely

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