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- Investing.com
New Zealand c.bank keeps rates steady at 5.5%, sees sticky inflation
Investing.com -- The Reserve Bank of New Zealand (RBNZ) kept interest rates steady on Wednesday, and said that interest rates will need to remain high or potentially rise further due to a sticky inflation outlook for the country.
- Investing.com
New Zealand central bank holds rates at 5.5%, to remain restrictive
Investing.com -- The Reserve Bank of New Zealand kept interest rates steady on Wednesday, but said that rates will remain higher for longer as the bank moves to curb overheated inflation levels.
- Investing.com
New Zealand enters technical recession amid rate hikes, weather woes
Investing.com -- New Zealand’s economy contracted in the first quarter, entering a technical recession as an aggressive pace of interest rate hikes by the central bank and a slew of bad weather in the first quarter dented local activity.
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