- Analytics
- News and Tools
- Market News
- RBNZ’s Conway: If inflation expectations don't fall, will have to do more on interest rates
RBNZ’s Conway: If inflation expectations don't fall, will have to do more on interest rates
Following a keynote address about inflation earlier this Thursday, Reserve Bank of New Zealand (RBNZ) Chief Economist Paul Conway is now addressing the Q&A session.
Key quotes
Monetary policy is definitely having an effect.
Forecasting the economy is very challenging right now.
Confident that the banks that we regulate here in New Zealand are sound.
If inflation expectations don't fall, will have to do more on interest rates.
Market reaction
The latest hawkish comments from the RBNZ official is helping NZD/USD regain its upside traction. The pair is trading 0.40% higher on the day at 0.6245, at the time of writing.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
