NewsBite

RBNZ lifts key interest rate to 3pc

Ben McKay
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

The Reserve Bank of New Zealand believes inflation has peaked, but it is two years away from returning to the target band.

On Wednesday, New Zealand’s central bank met market expectations by lifting the official cash rate by 0.5 of a percentage point to 3 per cent.

Loading...

AAP

EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Oceania

Fetching latest articles

Most Viewed In World

    The Australian Financial Review Magazine

    Looking past the blink-and-you’ll-miss-it moments, fashion has a lot to teach us.

    BOSS Financial Review

    Ahead of making a speech, Denisha Anbu works on how she will use the stage and where she will stand.

    Life & Leisure

    Roanne Jacobson, founder and creative director of Saben.

    Rich List

    After decades of deal-making, Dennis Bastas landed his biggest transaction so far in August.

    Original URL: https://www.afr.com/world/pacific/new-zealand-lifts-key-interest-rate-to-3pc-20220817-p5bal9