The Reserve Bank has held the Official Cash Rate (OCR) unchanged at 5.5 per cent, saying inflation is falling and should be back at target by the end of.
(Bloomberg) New Zealand’s central bank kept interest rates unchanged for a seventh straight meeting and signaled policy will need to stay tight for longer to stamp out stubborn inflation. Most Read from BloombergOne Dead After Singapore Air Flight Hit By Severe Turbulence‘It Felt Like We Had Crashed’: Singapore Air Passenger Describes Turbulence TerrorThese Flight Routes Suffer the World’s Worst TurbulenceBarclays Managers Warn Some Staff to Prepare for Five Days a Week in OfficeThe Reserve B
The Reserve Bank has held the Official Cash Rate (OCR) unchanged at 5.5 per cent, saying inflation is falling and should be back at target by the end of.
It is fair to say the country is not in a good place right now.
Job cuts dominate the headlines. A double-dip recession came true. Inflation is robbing us