RBNZ Keeps Rate Unchanged At 2.25%

RBNZ holds OCR at 2.25% due to split vote The Reserve Bank of New Zealand maintained its official cash rate at 2.25% after a split vote among committee members. The decision was made by the governor's casting vote, as three members voted to hold the rate and three vot

AUD Falls As Inflation Slows

Australian Dollar declines on lower annual CPI inflation The Australian Dollar has declined following the release of domestic inflation data. The annual CPI inflation fell in April, leading to a decline in the AUD. The AUD/USD pair is trading around 0.7160