RBNZ 25bp rate hike, as widely expected
more to come --- Background to this: RBNZ set to hike rates to 2.50% on July 8 as inflation persists, poll shows ANZ expects RBNZ to hike OCR to 2.50% despite sharp oil price fall New Zealand dollar gains seen limited even if RBNZ hikes this week ASB backs RBNZ hold in July NZIER
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