RBNZ leaves its cash rate on hold at 2.25%, as widely expected

ADDED – details here:

• NZD jumps – RBNZ holds OCR at 2.25% by casting vote as committee splits 3-3 on rate hike

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Reserve Bank of New Zealand Governor Breman press conference will follow at 0300 GMT / 2300 US Eastern time

Background to today:

• RBNZ expected to hold today but hawkish forecasts to signal rate rises ahead
• Near-unanimous consensus among economists points to the Reserve Bank of New Zealand hold

This article was written by Eamonn Sheridan at investinglive.com.