New Zealand’s Economy Grew 0.8% Before Iran War Sapped Momentum

New Zealand's central bank is expected to raise interest rates for a second straight month and signal a more aggressive tightening cycle to curb inflation. The move reflects persistent price pressures and a labor shortage, implying further upward pressure on domestic yields and tighter financial conditions.

Analysis

New Zealand's central bank is expected to raise interest rates for a second straight month and signal a more aggressive tightening cycle to curb inflation. The move reflects persistent price pressures and a labor shortage, implying further upward pressure on domestic yields and tighter financial conditions.