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(Bloomberg) -- New Zealandâs central bank raised interest rates by half a percentage point, slowing its pace of tightening, but signaled further hikes will be needed to tame inflation.
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>>> Read more: New Zealand Raises Rate by Half-Point, Still Sees 5.5% Peak
Most Read from Bloomberg
How Much Do Investors Say They Need to Retire? At Least $3 Million McKinsey Plans to Eliminate About 2,000 Jobs in One of Its Biggest Rounds of Cuts Worldâs Largest Four-Day Work Week Trial Finds Few Are Going Back Putin Halts Nuke Pact With US, Vows to Push War in Ukraine Russ...
>>> Read more: New Zealand Raises Rate by Half-Point, Still Sees 5.5% Peak