Backward Kiwis More Touchy on Their Currency

Posted on August 9th, 2017

Another confusing RBNZ policy statement where they managed to upgrade their growth outlook, despite recent weaker activity indicators, and yet downgrade their inflation forecasts, and end up with no change in their rates outlook.  They see the higher exchange rate since May has dampening their inflation outlook.  And have come to see their fellow Kiwis […]