New Zealand's central bank left its key interest rate unchanged on Wednesday after tightening the policy over the past twelve consecutive sessions. The Monetary Policy Committee of the Reserve Bank of New Zealand governed by Adrian Orr, decided to leave the Official Cash Rate at 5.50 percent, which was the highest rate since late 2008. The central bank has lifted the OCR by a cumulative 525 basis ...
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.