RBNZ Deputy Governor Christian Hawkesby provided insights into the central bank’s current monetary policy and the economic outlook in an interview today. He discussed timing of rate cuts, and impact of rising immigration. RBNZ’s revised forecast does not foresee rate cuts until mid-2025. Explaining the rationale behind the delayed rate cuts, Hawkesby emphasized the need […]
The post RBNZ’s Hawkesby highlights inflation pressure from record migration appeared first on Action Forex.
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