The BNZ hawk turns dovish
It's what the Reserve Bank will do rather what it ought to do.
The "shockingly" low inflation figures have prompted one of the more hawkish banks, Bank of New Zealand, to push back its expectations of the first rate hike for this cycle from August into next year.
The Consumers Price Index for the December quarter came in at just 0.1% compared with market
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Jenny Ruth
Fri, 26 Jan 2018
Fri, 26 Jan 2018
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The BNZ hawk turns dovish
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