Forex
globalreutersMay 1, 20241 Mins read
RBNZ Deputy Governor Hawkesby says higher interest rates means cooling jobs market
globalreutersMay 1, 20241 Mins read Reserve Bank of New Zealand Deputy Governor Hawkesby
- Employment data confirmation of trend we were expecting to see
- Higher interest
rates will involve a cooling of the labour market - High global
inflation still remains a key risk for financial stability
Earlier today from NZ:
- Reserve Bank of New Zealand – risk of persistent inflation, rates restrictive for longer
- New Zealand data: Unemployment rate 4.3% (vs. 4.2% expected, 4.0% prior)
This article was written by Eamonn Sheridan at www.forexlive.com.
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