UPDATE 2-NZ cenbank signals more rate cuts but at slower pace, kiwi rallies

5 months ago Comments Off on UPDATE 2-NZ cenbank signals more rate cuts but at slower pace, kiwi rallies

WELLINGTON, Aug 23 (Reuters) – New Zealand’s central bank on Tuesday signaled further rate cuts to stoke anaemic inflation but said that moving too fast risks inflaming a hot housing market, triggering a jump in the kiwi dollar.


Reuters: Financial Services and Real Estate