New Zealand slats ratios for the fourth straight time to increase a slow economy
New Zealand, New Zealand, New Zealand, Wednesday, New Zealand (Rbnz) building on February 22, 2023.
Mark Cootote | Bloomberg | Getty pictures
The Central Bank of New Zealand, the Central Bank of the Central Bank, to reduce the central banking room to ease inflation, appreciated by 4.75% to 3.75%.
The action was in accordance with the expectations of the surveyed economists by Reuters and notes the lowest policy speed in November 2022.
In the statement of monetary policy, the New Zealand Reserve Bank asked for 1% -3% near the average score group of inflation target group.
According to New Zealand, LSEG, on December 2024, on December 2024, the hooding level of the inflation rate, price increase in price increases from the last eight-eight quarters.
Price cut is also in a period when the country’s growth has declined in the annual year five rectangles According to government information from 2024 to September.
This New Zealand dollars 0.4% against Greenback by 0.568 by capacity of 0.4%.
The Central Bank is optimistic that economic growth will be restored in 2025. “It will encourage low interest rates, although high global economic uncertainty and business investment decisions,” Rbnz “said.
The bank is expected to be volatile due to the nearby rate of gas, but a lower exchange rate and higher gasoline prices of new Zealand.
“The net effects of future changes in inflation in New Zealand are not clear now,” he said.
RBNZ’s revised inflation forecasts reflect the concerns of the bank in connection with the pre-oil prices and a weaker new Zealand dollar.
He noted that RBNZ has confident that the price pressures of internal factors will be reduced because the economy’s excessive power.
Although the Bank is currently projected to reduce the policy to 3% by the end of 2025, it will reduce the rates to 2.25%, Syria, Surya, said Syria, which has hit Surya without indicating a while.