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RBA Rate Hike Surprise | Auckland News
The Reserve Bank just hiked rates to 2.75%, but the market’s calm vibe is crumbling fast. Oil’s surging, yields are climbing, and other central banks are gearing up—while the NZ dollar dips. Economic strength is undeniable, but inflation’s about to spike thanks to oil prices soaring 17% above projections, pushing annual inflation toward 4.2%. Expect a 67% chance of another hike in October—and nearly 50% odds of two hikes before year’s end. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated…
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