Australian shares rose to an
all-time high on Thursday, with most sectors trading in positive
territory ahead of a long holiday weekend, as investors remained
optimistic after cooling price pressures.
Reserve Bank of New
Zealand Governor Adrian Orr said conditions that would allow the
central bank to cut the official cash rate are becoming more
apparent. Core inflation pressures are. -March 27, 2024 at 04:29 pm EDT
- MarketScreener
Reserve Bank of New
Zealand Governor Adrian Orr said conditions that would allow the
central bank to cut the official cash rate are becoming more
apparent. Core inflation pressures are. -March 27, 2024 at 04:29 pm EDT
- MarketScreener
The Reserve Bank of New Zealand Governor Adrian Orr said on Thursday that he was confident the current official cash rate was restricting demand but it has to stay at the current levels to curb inflation, per Reuters.