“Monetary policy has largely run its easing course globally,” said Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr during early Friday morning in Asia.
“We are now entering a different environment for rates, inflation”, added Orr.
NZD/USD remains on the front-foot, backed by the broad US dollar weakness, despite the recent pullback to 0.7200.
Tags inflation interest rates RBNZ
Check Also
Is Gold Price’s Recent Dip a Sign of Trouble or Opportunity?
Gold is down -0.06%, trading at $ 2,937.36 per ounce. Gold prices experienced a slight …