The Reserve Bank of New Zealand maintained its benchmark interest rate on Wednesday and signaled rate hikes at coming meetings.The Monetary Policy Committee, governed by Anna Breman, voted to hold the Official Cash Rate at 2.25 percent. The bank has lowered its benchmark rate by 325 basis points since August 2024, bringing it to the lowest since mid-2022. "All Committee members agreed that increas...
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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.