rbnz

The RBNZ has continued to raise rates given average core inflation has been stuck above the 2% target.

NZ remained in recession at the end of last year, with unemployment rising above 5% and employment falling again in Q4.

Weaker demand for labour explains higher unemployment in most countries, but Australia's jobless rate has edged up on increased supply.

Continued economic weakness has seen the RBNZ open the door for considering rate cuts this year.

NZ unemployment continues to rise as employment falls.

NZ inflation showed a continued striking contrast between weak goods prices and persistent services inflation.

Let’s jump back in time to 1997 when the Reserve Bank of New Zealand (RBNZ) was just about to make a horrible policy error.

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