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AAP

Ben McKay

New Zealand rate pause mirrors Aussie inflation caution

Australia RBNZ Reserve Bank of New Zealand New Zealand

New Zealand's central bank has kept its cash rate steady, one day after Australia's did the same. (Lukas Coch/AAP PHOTOS)

New Zealand's central bank has ended a run of six consecutive cuts, holding the official cash rate at 3.25 per cent.

In a decision announced on Wednesday, Reserve Bank of New Zealand (RBNZ) followed Australia's lead from a day earlier, opting to take stock given the uncertain economic outlook.

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