‘Zero inflation’ on the way, Reserve Bank to wait longer
'There is no need for the RBNZ to raise interest ratesuntil at least the middle of next year.'
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Hawke’s Bay
Annual inflation has slipped below the target zone and some economists say it could hit zero in the next quarter.
Yesterday’s minimal inflation – technically the economy experienced deflation in the December quarter and now appears likely to again in the first three months of this year - gives the
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Rob Hosking
Thu, 22 Jan 2015
Thu, 22 Jan 2015
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‘Zero inflation’ on the way, Reserve Bank to wait longer
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