New Zealand's central bank raised its Official Cash Rate to 2.5%, the first hike in three years, as Middle East tensions drive inflation toward a projected

The Reserve Bank (RBNZ) faces a line ball call on whether to raise its benchmark interest rate for the first time in more than three years as oil prices fall back to pre-Middle…

The Reserve Bank has raised the official cash rate for the first time in more than three years to tackle inflation pressures.