New Zealand Central Bank Hikes Rates Half a Point for Fifth Straight Time

What was the surprising action taken by the SBA that raised questions about central bank policies?

• A 50 basis point rate hike

• A 25 basis point rate hike

• No change in the rate

• A 75 basis point rate hike

What is the main concern of the RBNZ that influences their monetary policy decisions?

• Currency exchange rates

• Stock market performance

• Inflation

• Unemployment rates

What potential action is the RBNZ considering for future meetings?

• A 25 basis point rate hike

• A 75 basis point rate hike

• Maintaining current rates

• Reducing interest rates

What is the current year-over-year inflation rate in New Zealand as mentioned in the transcript?

• 1.5%

• 3.5%

• 5.0%

• 7.3%

Why is the RBNZ concerned about high inflation persisting?

• It could cause a housing market crash

• It could strengthen the currency

• It might increase wage demands

• It may lead to higher unemployment