Jarrod Kerr (Chief Economist) and Hamish Wilkinson (Senior Dealer, Financial Markets) discuss the RBNZ’s decision to lift the official cash rate by 50 basis points, and the reaction in financial markets. The cash rate now sits at 5.25% as of April 2023, and is expected to get to 5.5% in May 2023. You can read our Economists’ take here: https://image.communication.kiwibank....