{"id":48425,"date":"2014-03-12T16:10:59","date_gmt":"2014-03-12T20:10:59","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=48425"},"modified":"2014-03-12T16:11:00","modified_gmt":"2014-03-12T20:11:00","slug":"new-zealand-raises-rate-25-bps-to-2-75","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/03\/12\/new-zealand-raises-rate-25-bps-to-2-75\/","title":{"rendered":"New Zealand raises rate 25 bps to 2.75%"},"content":{"rendered":"<p>By <a href=\"http:\/\/ift.tt\/1iP0FNb\"><u>CentralBankNews.info<\/u><\/a><\/p>\n<div style=\"background-color: white;margin-bottom: 13px;margin-top: 1px;padding: 0px\"><span style=\"font-family: arial, helvetica, clean, sans-serif;font-size: 12px;line-height: 22px\">&nbsp; &nbsp;<\/span><span style=\"font-family: inherit\"><span style=\"line-height: 22px\">&nbsp;New Zealand&#8217;s central bank raised its benchmark Official Cash Rate (OCR) by 25 basis points to 2.75 percent following months of warnings that it would have to tighten monetary policy to keep&nbsp;<\/span><\/span><span style=\"line-height: 22px\">inflation<\/span><span style=\"font-family: inherit\"><span style=\"line-height: 22px\">&nbsp;from&nbsp;<\/span><\/span><span style=\"line-height: 22px\">rising<\/span><span style=\"font-family: inherit\"><span style=\"line-height: 22px\">&nbsp;above the bank&#8217;s target.<\/span><\/span><br \/><span style=\"font-family: inherit\"><span style=\"line-height: 22px\">&nbsp; &nbsp; The Reserve Bank of New Zealand (RBNZ) started warning investors and financial markets in July 2013 that would have to start to remove its stimulus and in January it it said interest rates had to&nbsp;<\/span><\/span><span style=\"line-height: 22px\">return<\/span><span style=\"font-family: inherit\"><span style=\"line-height: 22px\">&nbsp;to normal&nbsp;<\/span><\/span><span style=\"line-height: 22px\">levels<\/span><span style=\"font-family: inherit\"><span style=\"line-height: 22px\">&nbsp;and this adjustment was expected to start &#8220;soon.&#8221;<\/span><\/span><br \/><span style=\"font-family: inherit\"><span style=\"line-height: 22px\">&nbsp; &nbsp;&nbsp;<\/span><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>By CentralBankNews.info &nbsp; &nbsp;&nbsp;New Zealand&#8217;s central bank raised its benchmark Official Cash Rate (OCR) by 25 basis points to 2.75 percent following months of warnings that it would have to tighten monetary policy to keep&nbsp;inflation&nbsp;from&nbsp;rising&nbsp;above the bank&#8217;s target.&nbsp; &nbsp; The Reserve Bank of New Zealand (RBNZ) started warning investors and financial markets in July 2013 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/03\/12\/new-zealand-raises-rate-25-bps-to-2-75\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;New Zealand raises rate 25 bps to 2.75%&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-48425","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/48425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=48425"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/48425\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=48425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=48425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=48425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}