2025 year of recovery but pain to linger, says RBNZ
Central bank top brass front MPs for questioning after yesterday’s 50bps rate cut, while ANZ business survey highlights pain.
Illustration: Michael Hickmott.
The Reserve Bank’s top brass have told MPs there is good news to share after a turbulent year that inflation is under control and more interest rates are to come.
However, they’ve also cautioned that the Donald Trump presidency and promised trade tariffs could create medium-term
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