WebApr 11, 2024 · The Pound New Zealand Dollar (GBP/NZD) exchange rate traded in a wide range last week, notably plummeting during Wednesday’s Asian session as the Reserve Bank of New Zealand (RBNZ) hiked ... WebSep 14, 2024 · “RBNZ claims it needed to stimulate because economic forecasts were bad. In reality it subsidised bad policy from the Government. “Finance Minister Grant Robertson’s insistence on a dual target helped to encourage irresponsible monetary policy, which subsidised bad government policy.
New Zealand interest rate hike raises pressure on central banks …
WebJul 16, 2024 · The inflation figures easily outpaced the RBNZ's forecast in May of a 0.6% rise in quarterly CPI and an annual rate of 2.6%, and firmed up views that a hiking cycle may … WebThe XM Research Desk, manned by market expert professionals, provides live daily updates on all the major events of the global markets in the form of market reviews, forex news, technical analysis, investment topics, daily outlook and daily videos. slowcrawl.com
RBNZ Rate Decision Illustrates Widening Split -2-
WebThe RBNZ’s surprise supersized rate increase showed its determination to quash inflation, unlike the RBA which is more concerned about a hard landing. WebThe closely-watched US CPI inflation rate slowed for a ninth consecutive period to 5.0% in March from the same month a year ago, its lowest since May 2024. It was a sharpish drop from 6.0% in February on the same basis, and also came in below market forecasts of 5.2%. WebApr 14, 2024 · RBNZ Finance Minister Robertson says New Zealand has headroom on the balance sheet with borrowing below 20% of GDP, and the inflation impact from rebuild may be less than feared, according to Reuters. BoK Governor Rhee says not worried about a specific USD/KRW rate, according to Reuters. high waisted side zip shorts