(Bloomberg) -- New Zealand's central bank will keep its
benchmark interest rate unchanged at a record high this week amid
signs that increases in March and April are curbing consumer
spending and business investment.
Reserve Bank Governor Alan Bollard will keep the official cash
rate at 7.75 percent on June 7, according to 10 of 13 economists
surveyed by Bloomberg News. Three predict a quarter-point increase.
Read more at Bloomberg Bonds News
benchmark interest rate unchanged at a record high this week amid
signs that increases in March and April are curbing consumer
spending and business investment.
Reserve Bank Governor Alan Bollard will keep the official cash
rate at 7.75 percent on June 7, according to 10 of 13 economists
surveyed by Bloomberg News. Three predict a quarter-point increase.
Read more at Bloomberg Bonds News
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