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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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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 ....

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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 ....

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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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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 ....

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