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紐西蘭儲備銀行 (RBNZ) 在 5 月例會將官方現金利率 (OCR) 維持在 5.5%,這是連續第七次按兵不動,並給出比預期更加鷹派言詞。 隨後紐元兌美元匯率回彈至0.612 上方。 紐西蘭聯儲表示,實施較長時間限制性政策是必要的,以使通脹回到目標範圍內。 儘管該國第一季的年度通脹率降至4%,但仍遠高於央行中期設定值1至3%間。
官員強調高利率措舉在合理的時間內實踐壓抑通脹為重中之重。 儘管薪資和國內消費走勢與預期相去不遠,但在住房租金、保險、和其他國內服務成本上漲的推動下,通脹壓力持續存在。
紐西蘭聯儲更新利率高峰預測從 5.6% 上調至 5.7%,目前預計於 2025 年第三季開始降息,這比先前設定在第二季更往後推遲。 另外,預估到今年底通脹率可穩定於1-3% 的目標區間內。

(歷史利率水平,RBNZ)

(NZDUSD月線圖)
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