Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

RBNZ set to raise benchmark interest rate despite previously signalled pause

The Reserve Bank is expected to raise the official cash rate by 25 basis points to 3.0 percent, the third consecutive rate rise and the highest OCR level in a year.

We haven't written up this one. RNZ Business has the full story — the link below goes straight to it.

Read the original at rnz.co.nz →

More in Finance & Markets

Confidence Up, Sentiment (Final) Flat

Headlines (Bloomberg) note increase in Conference Board’s Confidence index, for the first time in four months. However, the index remains pretty low, as does Michigan’s final reading on Sentiment.

More from Tuesday 27 October →