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RBNZ May Raise Rates on Wednesday Despite Easing Inflation Risks, ANZ Says

2026-07-05 23:44:53

According to ANZ chief economist Sharon Zollner, the Reserve Bank of New Zealand is likely to raise interest rates on Wednesday despite recent inflation pressures easing. While falling oil prices have reduced urgency, Zollner expects a rate hike from a risk management perspective, noting that moving the official cash rate away from cycle lows remains prudent. The New Zealand dollar has also depreciated significantly, easing monetary conditions.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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