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Economists say there s more pain to come in the labour market - 01-May-2024

Economists say there s more pain to come in the labour market - 01-May-2024
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Jarrod kerrChief economist jarrod kerr

Reserve Bank holds Official Cash Rate at 5 50% with short, placeholder statement

RBNZ holds OCR at 5.50%, says restrictive OCR for sustained time will return CPI inflation to 1% to 3% target in 2024

New zealandUnited statesPaul conwayDavid croyDavid craigieSharon zollnerChristian hawkesbyAdrian orrCaroline saundersCarl hansenJarrod kerrMonetary policy committeeReserve bankOfficial cash ratePolicy committeeChief economist jarrod kerr

Is the Reserve Bank in danger of being caught between a rock and a hard place?

With the Reserve Bank having little choice but to dig its toes in to fight non-tradeable inflation, Gareth Vaughan hopes the Government has an open mind to providing long-term support

New zealand generalNew zealandNew zealandersPaul conwayIsabella weberGrant robertsonRob muldoonNicola willisJarrod kerrAdrian orrBank pointHead of research stephen toplisWhilst the reserve bankReserve bankOfficial cash ratePrice index

Cooling New Zealand Inflation Turns Attention to Rate Cut Timing — Update

Cooling New Zealand Inflation Turns Attention to Rate Cut Timing — Update
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New zealandNew south walesJames glynnJarrod kerrAbhijit suryaDow jones company incReserve bankChief economist jarrod kerrDow jones

Cooling New Zealand Inflation Turns Attention to Rate Cut Timing -- Update

By James Glynn SYDNEY Inflation pressures across New Zealand s agriculture-rich economy cooled sharply in the fourth quarter, affirming the conviction of most economists that interest rates. -January 23, 2024 at 06:43 pm EST - MarketScreener

New zealandNew south walesAbhijit suryaJames glynnJarrod kerrReserve bankChief economist jarrod kerrDow jones