The Central Bank of New Zealand raised the benchmark interest rate by 50 basis points to 5.25% while the market expected to increase 25 basis point. Since October 2021, a total of 500 basis points have been raised.
The Central Bank of New Zealand raised the benchmark interest rate by 50 basis points to 5.25% while the market expected to increase 25 basis point. Since October 2021, a total of 500 basis points have been raised.
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