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SBS On the Money: Why is NZ's central bank lifting rates when Australia's isn't?

On the Money - Savings, Generic (SBS-Getty).jpg

Source: Getty

The Reserve Bank of New Zealand has lifted its official cash rate by the most in 22 years as it tries to tame inflation, as US consumer prices rise the most since 1981 so SBS Finance Editor Ricardo Gonçalves speaks with Kiwibank Chief Economist Jarrod Kerr in Auckland; plus the day on the markets with James Gerrish from Shaw and Partners.



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