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The inflationary impact of spiking net immigration suggests only a gradual transition from hawkish to dovish by the RBNZ
We expect the Reserve Bank of New Zealand to hike by 50bp next week and signal a peak rate around 5.0%. The ongoing downturn in the housing market and…
The Reserve Bank of New Zealand meets on Wednesday and another 50bp hike seems likely. But a trembling housing market and deteriorating economic picture…
By Robert Carnell