Conway speech reinforces inflation still way out of the bag
Analysts reckon the RBNZ chief economist’s comments today indicate no OCR cuts in the ‘near term’.
RBNZ chief economist Paul Conway.
The Reserve Bank’s Paul Conway had a ‘hawkish’ tone today, suggesting official cash rate cuts were still some way off, according to economists.
The chief economist presented a speech and answered questions about the value of good data, as well as updating on the economic landscape since the
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