RBNZ says NZD exchange rate is too high

Author: Eamonn Sheridan | Category: Central Banks

Reserve Bank of New Zealand  remarks crossing - Headlines via Bloomberg

  • Remains vigilant about financial stability risks
  • NZ economy performing relatively well
  • NZD exchange rate too high
  • NZ experiencing major housing imbalances
More:
  • There has been some weakening in short term inflation expectations
  • Key rationale for rate cuts has been to lower the risk of further fall in inflation expectations
(via Reuters)

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