Fundamental: The RBNZ should pause interest rate hikes following Cyclone Gabrielle, Kiwibank says

The Reserve Bank should hold off raising interest rates at its meeting next week as the country deals with the devastating impact of Cyclone Gabrielle, Kiwibank says. Economists have been weighing up whether the central bank might increase the benchmark interest rate by 50 or 75 basis points next Wednesday, as it seeks to cool inflation. But Kiwibank ...     Alert Feb 16, 2023, 4:46pm Fundamental: The RBNZ should pause interest rate hikes following Cyclone Gabrielle, Kiwibank says The Reserve Bank should hold off raising interest rates at its meeting next week as the country deals with the devastating impact of Cyclone Gabrielle, Kiwibank says. Economists have been weighing up whether the central bank might increase the benchmark interest rate by 50 or 75 basis points next Wednesday, as it seeks to cool inflation. But Kiwibank ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support