RBNZ Minutes: Committee confident that with interest rates remaining at a restrictive level for some time

The Minutes of the Reserve Bank of New Zealand (RBNZ) August policy meeting showed that “Committee confident that with interest rates remaining at a restrictive level for some time

Additional takeaways

THE CURRENT LEVEL OF INTEREST RATES IS CONSTRAINING SPENDING AND HENCE INFLATION PRESSURE, AS ANTICIPATED AND REQUIRED

more to come ...