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flag New Zealand's central bank reports inflation within target range, signals possible rate cut amid weak growth and high unemployment.

flag The Reserve Bank of New Zealand reports inflation returned to its 1% to 3% target range for the 2024–25 fiscal year amid ongoing economic challenges. flag Key actions included launching the Depositor Compensation Scheme, implementing the Deposit Takers Act 2023, and reviewing capital requirements for banks. flag Leadership changes saw Governor Adrian Orr depart in March and Board Chair Neil Quigley step down in August, with new Governor Christian Hawkesby overseeing organizational reforms. flag The bank is restructuring to improve efficiency and promote financial system competition. flag Markets anticipate a rate cut, with predictions split between 25 and 50 basis points, as weak GDP and high unemployment fuel calls for stronger stimulus to boost economic activity.

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