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RBNZ s Conway: We still have a way to go on inflation

RBNZ Chief Economist Paul Conway struck a hawkish tone in a speech today, tempering market expectations for imminent policy easing. Conway acknowledged the effectiveness of current monetary policy in slowing the economy and reducing inflation. But he emphasized noted that the journey to achieving the target midpoint is far from over. His remarks also indicated that recent weaker GDP data would not automatically lead to a dovish shift in RBNZ's approach.

Paul conwayEconomist paul conwayFebruary statement

Euro Recovers as Recession Dodged in Eurozone, Aussie Softens ahead of CPI

Euro recovers broadly today, as lifted by GDP data that indicated the Eurozone economy has narrowly averted a technical recession. This positive development has also led to a notable rebound in Germany's benchmark treasury yields. Meanwhile selling pressure has shifted Sterling and Swiss Franc, both of which are ceding some of their recent gains against Euro. The upcoming CPI flash release on Thursday is now set to the next focal point for the common currency.

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Australia News Todays: RBNZ warning, cattle in limbo, Tuvalu vote

Australia News Todays: RBNZ warning, cattle in limbo, Tuvalu vote
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

Australian capital territoryRed seaDjibouti generalNew zealandGreg combetPeter costelloJim chalmersPaul conwayEconomist paul conwayTreasurer jim chalmers

The Reserve Bank is set to provide some hints on its latest thinking around interest rates and the post-covid global economy - 30-Jan-2024

The Reserve Bank is set to provide some hints on its latest thinking around interest rates and the post-covid global economy - 30-Jan-2024
nzcity.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzcity.co.nz Daily Mail and Mail on Sunday newspapers.

Brad olsenPaul conwayEconomist paul conwayPrincipal economist brad olsenReserve bank

The Reserve Bank is set to provide some hints on its latest thinking around interest rates and the post-covid global economy - 30-Jan-2024

Paul conwayBrad olsenEconomist paul conwayPrincipal economist brad olsenReserve bank