New Zealand delivers record rate hike, flags more to come

New Zealand delivers record rate hike, flags more to come

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WELLINGTON, Nov 23 (Reuters) - New Zealand's central bank on Wednesday delivered its biggest interest rate hike and outlined a more hawkish monetary tightening path in coming months as it tries to rein in stubbornly high inflation. The Reserve Bank of New Zealand (RBNZ) raised the official cash…

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