RBNZ’s Breman: Growth to be slightly slower but still expected this year
Reserve Bank of New Zealand (RBNZ) Governor Anna Breman said on Thursday that she anticipates slightly elevated near-term inflation, adding that growth to be slightly slower but still expected this year.
Key quotes
New Zealand house prices expected to stay flat, rise slightly over time.
Anticipate slightly elevated near-term inflation.
Growth to be slightly slower but still expected this year.
Banking system shows minimal stress despite global uncertainties.
Market reaction
At the press time, the NZD/USD pair is up 1.22% on the day to trade at 0.5955.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
$1.8 Trillion Giant Hooks XLM, XRP Into On-Chain Market
Exchange XMR to LTC in 2026: 5 Best Ways to Convert Monero to Litecoin Without KYC
Ripple’s Bank Approval Leaves XRP On The Sidelines?
Cogeco Communications Inc. Is Maintained at Hold by Desjardins Securities
Crypto prices
More
