Outlook for NZ economic growth positive, but uncertainty remains says RBNZ

Tue, 27 Jun 2017

By Rebecca Howard June 28 (BusinessDesk) - The outlook for New Zealand's economic growth remains positive, albeit with considerable uncertainty remaining, especially internationally, the Reserve Bank says in its 2017-2020 Statement of Intent. "We are working to deepen the bank’s understanding of the evolving conditions affecting the New Zealand economy and their implications for monetary policy," governor Graeme Wheeler said in the statement. Earlier this month the central bank kept rates on hold at 1.75 percent and reiterated that moneta...

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