Central bankers are reacting to deflation and slowing growth.
Economist Paul Dales says a sharper-than-expected slowdown in growth and low underlying inflation will prompt the Reserve bank to start reversing last year’s rate hikes.
"New Zealand's economy is growing strongly, despite a steep fall in dairy prices during 2014"
A Capital Economics report released this week outlines some major economic issues facing Australia.
NZ dollar falls as Aussie central bank surprises financial markets.
Interest rate cuts in Australia could force a U-turn by the Reserve Bank.
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