Hotter inflation a headache for the RBNZ
Higher-for-longer inflation and sluggish economic growth could prove to be a particularly sour cocktail for the central bank.
RBNZ Governor Dr Anna Breman.
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The Middle East conflict is putting central banks on notice for uncomfortable higher inflation pressures and uncertain economic growth prospects.
Yesterday, the Federal Reserve left its key benchmark interest rate unchanged, but it noted there were “uncertain” impacts from the Iran war.
The
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