RBNZ Governor Says Core Inflation Remained Within Target

Governor Anna Breman said first-quarter core inflation stayed within the target range. The bank remains ready to act if price pressures become more persistent.

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Reserve Bank of New Zealand Governor Anna Breman said Wednesday that Q1 core inflation remained stable within the 1% to 3% target range. New Zealand signaled a balanced approach to monetary policy.

Why the RBNZ Is Holding Steady

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