New Zealand Set to Raise Key Rate, Decision Less of a Slam Dunk

New Zealand’s central bank is poised to raise its key interest rate this week, most economists and traders reckon, beginning a gradual unwinding of stimulus as it aims to head off emerging inflationary pressures. New Zealand’s central bank is poised to raise its key interest rate this week, most economists and traders reckon, beginning a gradual unwinding of stimulus as it aims to head off emerging inflationary pressures.