'Nothing's set in stone': RBNZ Governor on the possibility of more OCR hikes
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More Official Cash Rate hikes are possible, but far from guaranteed.
The Reserve Bank has raised the cash rate 25-basis-points this afternoon to 2.75 percent.
Governor Anna Breman says they are moving it towards a neutral level, to around 3 percent.
But she says nothing is set in stone.
"Today's decision will allow us to assess the impact of these two OCR increases - and then we will see whether we need to do further increases."
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