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Friday, February 24, 2023

Fundamental: New Zealand rate hike in best interests of all amid weather crisis - Silk

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Alert Alert Feb 24, 2023, 8:55am
 
Fundamental: New Zealand rate hike in best interests of all amid weather crisis - Silk
The New Zealand central bank considered the impact of recent extreme weather events when deciding to hike the cash rate by 50 basis points on Wednesday, but remained focused on controlling inflation, Assistant Governor Karen Silk said on Friday. Silk told Reuters that there were other people better placed to help those affected by Cyclone Gabrielle and the ...
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