December 23, 2024
Tangible Assets

Behaviour of price inflation is crucial for cash rate path ahead

RBNZ Assistant Governor Karen Silk said in an interview on Friday that the New Zealand central bank is taking a measured approach to rate cuts.  Key quotes Uncertainty remains on how quickly inflation will subside. Bank is taking a measured approach to rate cuts. The behavior of price inflation is crucial for the cash rate path

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Tangible Assets

RBNZ Aims to Lower Cash Rate at Measured Pace, Governor Says

(Bloomberg) — New Zealand’s central bank intends to reduce interest rates toward a more neutral setting at a measured pace, now that it has begun its easing cycle, Reserve Bank Governor Adrian Orr said. Most Read from Bloomberg The RBNZ cut the Official Cash Rate by a quarter-percentage point to 5.25% yesterday and forecast it

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