3min chapter

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A Week of Central Bankers Hiking, Pausing, and Leaving

Market Depth

CHAPTER

The Reserve Bank of New Zealand Lifts the Official Cash Rate to 5.25%

The Reserve Bank of New Zealand lifted the official cash rate by 50 basis points to 5.25%. This marks the 11th straight hike and this is just purely a we need to tackle inflation, you know, message. Samsung announced that they'll also be cutting their membership production.

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