There are capacity pressures all over the country | Local Business News

There are capacity pressures all over the country

| Local Business News | Local News

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Comments from the leader of the RBNZ

The RBNZ hiked rates by 25 basis points today. There was talk of a 50 basis point hike and the kiwi first fell and remains the weakest G10 currency.

The release says immediate relative price shocks are likely to generate more widespread price increases.

Following:

  • Economy is spinning above potential, rate hikes will slow down the desire to buy homes

Invest in yourself. See our forex education center.

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There are capacity pressures all over the country

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