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RBNZ Leaves Official Cash Rate Unchanged

The Reserve Bank of New Zealand’s Monetary Policy Statement is out. 

RBNZ leaves the official cash rate unchanged at 0.25% as expected

The Reserve Bank will halt additional asset purchases under the Large Scale Asset Purchase (LSAP) programme by 23 July 2021. The Committee will keep the Official Cash Rate (OCR) at 0.25 percent and the Funding for Lending Programme unchanged.

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