{"id":52636,"date":"2014-06-11T17:19:51","date_gmt":"2014-06-11T21:19:51","guid":{"rendered":"http:\/\/countingpips.com\/?p=52636"},"modified":"2014-06-11T17:19:51","modified_gmt":"2014-06-11T21:19:51","slug":"new-zealand-raises-rate-25-bps-sees-inflation-pressure","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/06\/new-zealand-raises-rate-25-bps-sees-inflation-pressure\/","title":{"rendered":"New Zealand raises rate 25 bps, sees inflation pressure"},"content":{"rendered":"<div id=\"inves-3375073092\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">June 11, 2014<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>By <a href=\"http:\/\/ift.tt\/1iP0FNb\"><u>CentralBankNews.info<\/u><\/a><br \/>\n&nbsp; &nbsp; New Zealand&#8217;s central bank raised its policy rate by another 25 basis points to 3.25 percent, as expected, and signaled further tightening by saying that inflationary pressures are expected to rise so it&#8217;s important to contain inflation expectations and for interest rates to return to a more neutral level.<br \/>&nbsp; &nbsp; The Reserve Bank of New Zealand (RBNZ), which has now raised its Official Cash Rate (OCR) rates three times in a row by a total of 75 basis points, added that &#8220;the speed and extent to which the OCR will need to rise will depend on future economic and financial data, and its implications for inflationary pressure.&#8221;<br \/>&nbsp; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>By CentralBankNews.info &nbsp; &nbsp; New Zealand&#8217;s central bank raised its policy rate by another 25 basis points to 3.25 percent, as expected, and signaled further tightening by saying that inflationary pressures are expected to rise so it&#8217;s important to contain inflation expectations and for interest rates to return to a more neutral level.&nbsp; &nbsp; The [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-52636","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/52636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=52636"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/52636\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=52636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=52636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=52636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}