RESERVE BANK RAISES THE OFFICIAL CASH RATE TO 0.75 PERCENT

© RNZ / Samuel Rillstone The Reserve Bank (RBNZ) has raised the official cash rate (OCR) for the second time in two months to counter growing inflation pressures and signalled more rises next year. © Provided by Radio New Zealand No caption Photo: RNZ / Samuel Rillstone It raised the OCR by 25 basis points (a quarter of a percentage point) to 0.75 percen...

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