RBNZ steps carefully with next rates move

RBNZ tosses traditional use of hawks and doves. (Image: Supplied)

Tue, 21 Sep 2021

The Reserve Bank is on track to lift interest rates, but looks to be contemplating “considered steps” in the current environment as opposed to a hefty rate hike. “We are in a good position to navigate the period ahead, with the labour market operating at maximum sustainable employment, inflation expectations well-anchored at our target, and financial markets functioning well,” said assistant governor Christian Hawkesby in a speech published on Tuesday morning.The central bank's next monetary policy decision will...

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