RBNZ’s Breman: Growth to be slightly slower but still expected this year
Reserve Bank of New Zealand (RBNZ) Governor Anna Breman said on Thursday that she anticipates slightly elevated near-term inflation, adding that growth to be slightly slower but still expected this year.
Key quotes
New Zealand house prices expected to stay flat, rise slightly over time.
Anticipate slightly elevated near-term inflation.
Growth to be slightly slower but still expected this year.
Banking system shows minimal stress despite global uncertainties.
Market reaction
At the press time, the NZD/USD pair is up 1.22% on the day to trade at 0.5955.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
COLORADO INTERSTATE GAS CO. DECLARES FORCE MAJEURE AT LINE 155A
NASDAQ TRADE HALT <HBNB.O> VOLATILITY TRADING PAUSE AT 03:02 PM
Dow Jones 3:00 PM Averages
NASDAQ TRADE HALT <RIBB.O> VOLATILITY TRADING PAUSE AT 02:51 PM
Crypto prices
More
