The Reserve Bank of New Zealand surprised markets by unexpectedly holding its official cash rate at 2.75%, against widely expected 25 basis points hike on Oct 28 policy meeting but signaled that the door for further tightening remains open and will be depending on the economic outlook. The decision was result of tight 4-3 vote, […]The post Reserve Bank of New Zealand Keeps Rates on Hold but Signals Further Hikes appeared first on ActionForex.