The Reserve Bank of New Zealand maintained its key interest rate on Wednesday, citing the impact of the Middle East conflict on domestic inflation and economic recovery.The Monetary Policy Committee, governed by Anna Breman, decided to hold the key interest rate at 2.25 percent, as widely expected. The bank has lowered its benchmark rate by 325 basis points since August 2024, bringing it to the lo...
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Business News
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.