Daily Market Updates: RBNZ Surprises with 4–3 Hold at 2.75%, but Further Rate Hikes Remain Likely

Forex

Home›Forex›Major Pairs›RBNZ Surprises with 4–3 Hold at 2.75%, but Further Rat…

RBNZ Surprises with 4–3 Hold at 2.75%, but Further Rate Hikes Remain Likely

Reported · Written up by our desk · Major Pairs

The RBNZ unexpectedly held its Official Cash Rate at 2.75%, defying market expectations for a 25bp hike to 3.00%, with the Monetary Policy Committee narrowly voting 4–3 in favour of maintaining rates. Despite the surprise decision, the RBNZ retained a clear but conditional tightening bias, with all seven members agreeing that further monetary restraint would […] The post RBNZ Surprises with 4–3 Hold at 2.75%, but Further Rate Hikes Remain Likely appeared first on ActionForex .

← Newer storyWelltower Stock Slumps Despite $21B Buying Spree, Soaring Income Older story →Australia CPI Rises to 4.3% as Underlying Inflation Exceeds Forecasts

More like this

ForexEquities: Global tech rally extends with AI enthusiasm – Deutsche Bank

ForexJapanese Yen: Range trading seen at 157.00-158.60 against US Dollar - UOB

ForexGermany GfK Confidence Slips to -30.8 Despite Six Months of Improving Economic Expectations

ForexFed Expected to Hold Rates Tonight

ForexSilver Price Forecast: XAG/USD keeps downward bias below $55.00 as traders await FOMC

Sources

Action ForexRBNZ Surprises with 4–3 Hold at 2.75%, but Further Rate Hikes Remain Likely

Forex

RBNZ Surprises with 4–3 Hold at 2.75%, but Further Rate Hikes Remain Likely

More like this

Sources

Get the close, explained.