RBNZ Leaves Interest Rates on Hold, Expects Inflation to Soften

Core Viewpoint - The Reserve Bank of New Zealand has decided to keep interest rates unchanged, indicating an expectation for inflation to decrease soon and for economic recovery to accelerate in the upcoming year [1] Summary by Relevant Categories Monetary Policy - The Reserve Bank of New Zealand maintained its current interest rates during the latest monetary policy meeting [1] Economic Outlook - The central bank anticipates a retreat in inflation in the near future [1] - There is an expectation for economic recovery to gain momentum over the next year [1]