Bloomberg Markets and Finance published this video item, entitled “New Zealand Central Bank Hikes Interest Rates to Cool Inflation” – below is their description. The Reserve Bank of New Zealand raised its key interest rate by 50 basis points to 2%. And the central bank forecast more aggressive hikes to come to tame inflation. Kathleen Hays reports on “Bloomberg Markets: Asia.” Bloomberg Markets and Finance YouTube ChannelGot a comment? Please note comments are moderated before publication.

Source: New Zealand Herald May 25, 2022 12:33 UTC