Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag New Zealand's central bank unlikely to raise rates due to oil price shocks.

flag The Reserve Bank of New Zealand is unlikely to raise interest rates despite rising oil prices and petrol costs linked to Middle East tensions. flag Governor Anna Breman states the increase is a supply shock, not broad inflation, and raising rates would harm an economy still recovering from downturns. flag The central bank remains focused on medium-term inflation targets rather than reacting to short-term price spikes.

13 Articles