“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
Japanese Yen Slides Toward 40-Year Lows as Markets Doubt Immediate Government Action
The Japanese Yen came under renewed selling pressure at the start of the week, pushing …
Noor Trends News, Technical Analysis, Educational Tools and Recommendations