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New Zealand's central bank unlikely to raise rates due to oil price shocks.
The Reserve Bank of New Zealand is unlikely to raise interest rates despite rising oil prices and petrol costs linked to Middle East tensions.
Governor Anna Breman states the increase is a supply shock, not broad inflation, and raising rates would harm an economy still recovering from downturns.
The central bank remains focused on medium-term inflation targets rather than reacting to short-term price spikes.
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Es poco probable que el banco central de Nueva Zelanda aumente las tasas debido a los shocks en los precios del petróleo.