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2026-05-29 09:49:14
[RBNZ Governor: Interest Rate Hike May Come Sooner and Larger, But Will Remain Unchanged This Time] (1) RBNZ Governor Brehman said on Friday that interest rates may be raised sooner and larger than previously indicated in an effort to combat inflation. (2) At Wednesday's meeting, Brehman exercised his decisive vote, breaking the deadlock with a 3-3 vote to keep the benchmark interest rate unchanged at 2.25%. (3) Brehman stated that the committee remains committed to ensuring inflation returns to the target level while avoiding unnecessary economic volatility. Overall, the official benchmark interest rate may be raised sooner and larger than previously anticipated.
