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OverviewAPI
The Reserve Bank of New Zealand (RBNZ) maintains rates at 5.5% but signals a less hawkish stance, causing the New Zealand dollar to drop and impacting key rates and currencies. Australia experiences a two-year low in consumer price inflation, leading to stable Australian dollar and bond futures. RBNZ emphasizes the need for continued restrictive policy to combat inflation, while facing challenges of high inflation and weak growth.

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