• 11/26/2024

New Zealand Central Bank Keeps Rates on Hold

Wall Street Journal

The Reserve Bank of New Zealand signaled that interest rates might need to remain restrictive for longer than expected due to stubborn inflation, delivering a hawkish shock to money markets.

https://www.wsj.com/articles/rbnz-policy-statement-delivers-hawkish-shock-as-it-keeps-rates-on-hold-65350dba