New Zealand PM Luxon Agrees With Those Wanting Bigger RBNZ Cut

New Zealand PM Luxon Agrees With Those Wanting Bigger RBNZ Cut

New Zealand Prime Minister Christopher Luxon said he personally agrees that the Reserve Bank should have cut the Official Cash Rate by 50 basis points last week.

Inconsistent RBNZ suddenly run out of patience

Roger J Kerr says the RBNZ's actions last week suggest it is again looking backwards at weaker than forecast economic results rather than determining policy based on forecasts of future economic conditions