The Reserve Bank of New Zealand raised the Official Cash Rate by 25 basis points to 2.50%, with the Monetary Policy Committee reaching the decision by consensus despite differing assessments of the inflation outlook. Policymakers agreed that a further withdrawal of monetary stimulus was warranted to return inflation to the 2% midpoint, even though the […]The post RBNZ Raises OCR, Consensus Masks Diverging Inflation Views appeared first on ActionForex.