Reserve Bank of New Zealand decision earlier today.
Read from the bottom up for the time sequence:
- RBNZ Governor Orr says the reopening of the New Zealand border does not change the policy outlook
- NZD/USD trading lower after the as expected Reserve Bank of New Zealand rate hike
- RBNZ raises its cash rate by 25bps, as expected
- The time of cheap money is over, and interest rates are rising, swiftly. The RBNZ hiked the cash rate 25bps today, and signalled many more to come.
Pic from KiwiBank also: