Don’t stop me now: RBNZ likely unfazed by inflation halt
The central bank is widely expected to deliver another 50bps OCR cut later next month.
WATCH: BNZ chief economist Mike Jones speaks with NBR's Jonathan Mitchell.
The RBNZ is greenlit to proceed with another chunky cut to the official cash rate next month, despite a halt to the steady decline of headline inflation.
Statistics NZ data out yesterday showed annual inflation remained unchanged at 2.2% in the December quarter, while the once-‘sticky’ domestic
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