NZ Reserve Bank ups cash rate by 0.25

By Ben McKay
Updated February 23 2022 - 1:01pm, first published 1:00pm
RBNZ governor Adrian Orr says growing CPI inflation shows the case for monetary policy tightening.
RBNZ governor Adrian Orr says growing CPI inflation shows the case for monetary policy tightening.

The Reserve Bank of New Zealand has hoisted the country's official cash rate by 25 basis points to sit at one per cent.

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