New Zealand Central Bank Hikes Rates Half a Point for Fifth Straight Time

New zealand central bank hikes rates half a point for fifth straight time

Bloomberg Markets and Finance published this video item, entitled “New Zealand Central Bank Hikes Rates Half a Point for Fifth Straight Time” – below is their description.

The Reserve Bank of New Zealand raised its key interest rate by 50 basis points to 2.50% as expected by most economists surveyed by Bloomberg. Kathleen Hays reports on Bloomberg Television with David Ingles and Yvonne Man.

Bloomberg Markets and Finance YouTube Channel

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In This Story: New Zealand

New Zealand is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island and the South Island —and around 600 smaller islands, covering a total area of 268,021 square kilometres.

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