ASX down 0.68%: RBNZ likely to hold rates
New Zealand’s central bank is likely to maintain its current interest rates ahead of a general election, with all surveyed economists expecting no change at 5.5 percent. However, policymakers may emphasize the potential for future rate hikes to control inflation, signaling a continued cautious approach to monetary policy. The S&P/ASX 200 is currently trading 0.68 […]
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