The RBNZ unexpectedly held its Official Cash Rate at 2.75%, defying market expectations for a 25bp hike to 3.00%, with the Monetary Policy Committee narrowly voting 4–3 in favour of maintaining rates. Despite the surprise decision, the RBNZ retained a clear but conditional tightening bias, with all seven members agreeing that further monetary restraint would […]The post RBNZ Surprises with 4–3 Hold at 2.75%, but Further Rate Hikes Remain Likely appeared first on ActionForex.