The Reserve Bank of New Zealand raised its cash rate today, there is a rund won in the wrap here:

Reserve Bank of New Zealand Governor Orr news conference followed at 0300 GMT:

Bank analysts are issuing forecasts for the next few meetings. ASB says the RBNZ will hike by 50bps again in July and August.

NZD/USD has moved a little higher in response:

nzdusd orr rbnz 25 May 2022