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Transcripts For BLOOMBERG Bloomberg 20240704

Interest rate at 5. 5 . Of course, dave, it is widely expected all 20 economists we surveyed expected as much. But the question is really whether or not governor adrian orr will sound hawkish, given that inflation is still far from where he wants it to be, which is one, two, 3 right now. We had headline inflation in the Second Quarter at about 6 . So rbnz staying pat for a second time in a row at 5. 5 . Remember, this is the central bank that has done 525 basis point hike. It has been pretty aggressive ahead of the curve, way ahead of the fed. And now it is keeping its rate standing pat at 5. 5 for a second time in a row. Dave. Yep. Yeah. So were looking at, to your point there where there is some commentary on inflation and how restrictive rates are and theyre saying already restrictive and that should be enough to return inflation to target. Were just going through some of the phrasing here on the statement because that i guess in some ways, short of hearing from the governor himself

Asia report: Regional markets finish week in the red

Asia report: Regional markets finish week in the red
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Asia report: Chinese property shares jump on fresh policy

Asia report: Chinese property shares jump on fresh policy
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Asia report: Japan leads losses as Toyota, Nintendo flag weakness

Asia report: Japan leads losses as Toyota, Nintendo flag weakness
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Asia report: Markets mixed as Fed stands pat on rates

Asia report: Markets mixed as Fed stands pat on rates
hl.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hl.co.uk Daily Mail and Mail on Sunday newspapers.

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