
Inflation figures expected to enable the RBNZ to hold its horses
Economists note there's still a way to go to fully tame inflation.
Economists note there's still a way to go to fully tame inflation.
ANZ economists expect RBNZ to keep hawkish stance, before making abrupt OCR cut in August.
Domestic accommodation up, diesel down, as food price hikes cool somewhat.
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The US Federal Reserve has kept its official rates unchanged.
Inflation looks set to fall well below 5 per cent by the end of the year.
Cost of vegetables increases after adverse weather events, disease.
However, officials are worried about chopping and changing the Reserve Bank Act.
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Fixing the economy won't be as easy as making a few cuts.
Removing the Reserve Bank's employment target top of the Government's to-do list.
With a hawkish tone, the RBNZ warned it's not the time to let up in the inflation fight.
The Reserve Bank warned that inflation remained too high.
Capacity pressures easing as higher interest rates dampen demand.
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