RBNZ to remain on hold for the foreseeable future post-GDP - Westpac
|Following the release of stronger growth numbers from the NZ economy published earlier on the day, analysts at Westpac present their afterthoughts on the GDP figures.
Key Points:
Expects the Reserve Bank to remain on hold for the foreseeable future
“The slightly softer starting point for annual growth is balanced against the pick-up in momentum in the September quarter, leaving our outlook for capacity pressures broadly unchanged”
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