Inflation in New Zealand Eases But Near-Term Rate Cuts Unlikely

New Zealand’s consumer prices rose by less than expected in the first three months of this year, giving the country’s central bank more latitude to join global counterparts which have either cut interest rates or are considering doing so.

New Zealand’s consumer prices rose by less than expected in the first three months of this year, giving the country’s central bank more latitude to join global counterparts which have either cut interest rates or are considering doing so.