New Zealand s central
bank held its cash rate steady on Wednesday, as expected,
cautioning that interest rates need to remain restrictive for a
sustained period to drive inflation down to its 1% to 3%.
New Zealand s central bank keeps key rate at 5 5% rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
China struggles to regain momentum; Japan retail surges; US manages last-ditch budget compromise; EU inflation retreats; eyes on RBA & RBNZ; UST 10yr 4.58%; gold down again and oil slips; NZ$1 = 60 USc; TWI-5 = 69.9