Kiwis Faced With Higher For Longer Rates Stuck At 5.5%!
The latest decision from the New Zealand Monetary Policy Committee was released on Wednesday, which was to leave the cash rate at 5.5%. Their key messages were little changed since the February MPS, showing little hurry to change current restrictive settings despite overall CPI inflation expected to fall below 3% this calendar year. Upside short-term … Continue reading "Kiwis Faced With Higher For Longer Rates Stuck At 5.5%!"
Kiwis Faced With Higher For Longer Rates Stuck At 5.5%!
The latest decision from the New Zealand Monetary Policy Committee was released on Wednesday, which was to leave the cash rate at 5.5%. Their key messages were little changed since the February MPS, showing little hurry to change current restrictive settings despite overall CPI inflation expected to fall below 3% this calendar year. Upside short-term … Continue reading "Kiwis Faced With Higher For Longer Rates Stuck At 5.5%!"
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