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RBNZ Unexpectedly Holds Rates Steady After Two Previous Hikes

New Zealand’s central bank held interest rates steady overnight, with some policymakers preferring to assess how the economy evolves. Its guidance suggests more hikes are ahead.

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RBNZ SURPRISES, COULD FED OR BOC BE NEXT?New Zealand's central bank unexpectedly held interest rates steady overnight, with some policymakers opting to wait to see how the economy evolves after delivering two rate hikes previously.The central bank's guidance suggests there are more hikes on the rad…