Inflation dragon slain; RBNZ needs to start cutting
Interest rate cuts need to start soon as inflation has been beaten, BNZ economists say.
BNZ research head Stephen Toplis writing in the bank’s latest Economy Watch says “In our humble opinion, the Quarterly Survey of Business Opinion (QSBO) screams cut rates sooner rather than later.
Headlining the article ‘QSBO says inflation beaten’, Toplis says pricing intentions have slumped, the labour market is easing aggressively, growth is dead, and the...MORE»
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