RBNZ to Leave Expansionary Policy Unchanged as Growth Momentum Eases

Economic developments have been mixed since the February RBNZ meeting. Inter-meeting data show deceleration in the growth momentum, while inflation expectations have soared. Government’s measures to curb property prices would be another factors easing the growth outlook, while the Trans-Tasman travel bubble could offer help to pandemic-ridden sectors in the country. We expect the RBNZ […]

The post RBNZ to Leave Expansionary Policy Unchanged as Growth Momentum Eases appeared first on Action Forex.

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