The Reserve Bank of New Zealand is likely to keep interest rates unchanged to address inflation concerns.
According to Golden Ten Data on April 6, Moody's Analytics stated in a report that the Reserve Bank of New Zealand is expected to keep its benchmark interest rate unchanged at 2.25% this week, as the bank is weighing inflation concerns and the impact of surging energy prices on the economy. The report pointed out that the central bank's monetary policy committee may send a signal of patience and emphasize that short-term inflationary pressures can be temporarily ignored as the economy stabilizes gradually.
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