RBNZ on hold, OCR to stay high for longer

<p>RBNZ has decided to maintain OCR unchanged at 5.50% again, aligning with broad market expectations. Making its stance clear, the bank asserted that the “OCR needs to stay at restrictive levels for the foreseeable future.” Reflecting a neutral stance, the central bank emphasized its confidence in the current monetary policy, “that with interest rates remaining […]</p>
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