NZ central bank holds rates, signals higher hurdle to further hikes; kiwi tumbles

New Zealand’s central bank held rates steady on Wednesday as policymakers were more confident that past hikes were working to bring down inflation as desired, sending the local dollar skidding as markets pared bets of any further tightening. The Reserve Bank of New Zealand (RBNZ) kept the cash…#newzealands #newzealand #westpacnz #kellyeckhold #usfederalreserve #rbnz #mps #capitaleconomics
Source: Reuters: Health - Category: Consumer Health News Source Type: news