The Reserve Bank Deputy Governor's issuing a veiled warning about global inflation
The Reserve Bank Deputy Governor's issuing a veiled warning about global inflation
1 May 2024
Its twice yearly Financial Stability report says New Zealand's overall financial system remains strong.
But Christian Hawkesby says stronger-than-expected inflation across the world may prompt other Central Banks to act.
He says a risk remains new or persistent inflation pressures could keep global interest rates higher for longer.
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