Eamonn Sheridan
RBNZ lifts OCR to 2.75%, says gradual tightening reduces risk of bigger hikes later
The RBNZ's decision to hike by 25 basis points despite inflation already running at 4.1 percent, well above the top of its 1 to 3 percent target band, signals a central bank prioritising a gradual, telegraphed path over a more aggressive response to the current oil price shock. T
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