The post on the decision is here:Of importance was this from the Bank:Committee is confident that maintaining the OCR at a restrictive level for a su
The post on the decision is here:
Of importance was this from the Bank:
- Committee is confident that maintaining the OCR at a restrictive
level for a sustained period will return consumer price inflation to
within the 1 to 3 percent target range this calendar year
Bolding is mine.
NZD/USD popped up but has since come back to be little changed as I update:
Don’t forget the RBNZ no longer has a full employment mandate:
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