RBNZ to carry on with 50 bps hike in October to break inflation trend – Reuters poll

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RBNZ to carry on with 50 bps hike in October to break inflation trend – Reuters poll

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    Reserve Bank of New Zealand (RBNZ) will deliver its fifth half-point interest rate hike on Wednesday and do the same in November in an attempt to stem the tide of rising inflation, the latest Reuters poll of economists predicted.

    Also read: NZD/USD Price Analysis: Bulls eye a run beyond the ‘HotW’ and eye 0.58 the figure

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