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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Economics
4 mins to read

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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Jonathan Mitchell Thu, 28 Nov 2024
Contact the Writer: jmitchell@nbr.co.nz
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2025 year of recovery but pain to linger, says RBNZ
Economics,
106924
true