<p>Info is here:</p><ul><li><a href=”https://www.forexlive.com/centralbank/rbnz-raise-cash-interest-rate-target-by-75bp-to-425-as-widely-expected-20221123/” rel=”follow” target=”_self” class=”article-link vertical-align-baseline”>RBNZ raise cash interest rate target by +75bp to 4.25%, as widely expected</a></li><li><a href=”https://www.forexlive.com/centralbank/nzdusd-higher-after-the-reserve-bank-of-new-zealand-raises-its-cash-rate-target-by-75-bp-20221123/” rel=”follow” target=”_self” class=”article-link”>NZD/USD higher after the Reserve Bank of New Zealand raises its cash rate target by 75 bp</a></li></ul><p>Check out that first post for a summary of RBNZ statement/minutes. Further aggressive rate hikes are seen by the Bank. </p><p>The path so far from the Reserve Bank of New Zealand since they began hiking, quite a long time before many other DM central banks did:</p><p>NZD/USD is higher than it was before the decision but is off its high. </p>
This article was written by Eamonn Sheridan at forexlive.com.