Easing in labour market conditions 'a critical precondition for RBNZ to stop raising rates' - Interest.co.nz

BNZ economists see unemployment rate falling further and say unless there are soon signs 'the worm is turning' the RBNZ will have to contemplate 'a more aggressive interest rate track'

An easing in the very tight conditions in New Zealand's labour market is a "critical precondition" for the Reserve Bank (RBNZ) to stop raising interest rates, BNZ economists say. In the BNZ's latest… [+5273 chars]

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