RBNZ Hawkesby says looking for the August rate cut to lift inflation (eventually)

  


Release of text of a speech given by Reserve Bank of New Zealand’s Assistant Governor and General Manager of Economics, Financial Markets and Banking, Christian Hawkesby,

  • says felt August rate cut “should support a lift in inflation expectations and an eventual lift in actual inflation”
  • says August rate decision a reminder to the market to focus first and foremost to analyse the incoming data and information for ‘what we should do’

Headlines via Reuters, bolding mine.

Reserve Bank of New Zealand's Assistant Governor and General Manager of Economics, Financial Markets and Banking, Christian Hawkesby,

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