New Zealand - RBNZ hike the cash rate by 0.25%, as expected

Headlines from the statement and minutes are in that post linked above.

The RBNZ flagged in their statement that further normalisation is ahead.

NZD/USD spiked to circa 0.675 but has not sustained there, its up a little from pre-announcement trading, not much:

1-minute candles to give you a feel for the movement in case you are not in front of a chart:

New Zealand - RBNZ hike the cash rate by 0.25%, as expected