RBNZ keeps interest rates on hold at 1.75%

The Reserve Bank of New Zealand (RBNZ) said that it would leave the official cash rate unchanged at 1.75%, in a decision that was widely expected, highlighting that they will remain accommodative for a considerable period. A press conference will take place at 22:00 GMT.

Key headlines (via Reuters):

Developments since Feb on balance considered to be neutral for monetary policy stance