Dow Jones Newswires: New Zealand central bank maintains rates, suggests they’ll stay high for a while


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SYDNEY — The Reserve Bank of New Zealand left interest rates unchanged as expected at a policy meeting on Wednesday, while indicating that interest rates will need to stay high for some time yet.

The official cash rate was held steady at 5.50% as expected by economists.

“The committee is confident that with interest rates remaining at a restrictive…

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Alexandra Williams
Alexandra Williams
Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

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