Hawkish RBNZ Seen Unswayed By Signs of Deepening Economic Slump
New Zealand’s central bank will likely reiterate this week that interest rates need to stay high for a sustained period, even as households hunker down amid signs of a deepening economic downturn. https://www.bloomberg.com/news/articles/2024-07-07/hawkish-rbnz-seen-unswayed-by-signs-of-deepening-economic-slump