WS #11632
Reserve Bank of New Zealand raised OCR by 25bps to 2.5%, first hike since 2023, with further tightening likely. Supreme Court ruled Trump cannot fire Fed Governor Lisa Cook, strengthening Federal Reserve independence and providing legal footing for central bank autonomy.
RBNZ Rate Hike
Reserve Bank of New Zealand raised OCR by 25bps to 2.5%, first hike since 2023, with further tightening likely.
Supreme Court ruled Trump cannot fire Fed Governor Lisa Cook, strengthening Federal Reserve independence and providing legal footing for central bank autonomy.