New Zealand: RBNZ hikes rates by 25 bps – UOB – by pabspiovano RBNZ NewZealand InterestRate CentralBanks Banks
Key Takeaways
“The RBNZ noted that the surge in immigration is expected to bolster growth and add to inflation pressure, but said it expects the pace of the migrant inflow to ease over coming quarters. It also downplayed concerns about fiscal policy boosting demand.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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