RBNZ'S SILK: BEHAVIOUR OF PRICE INFLATION IS CRUCIAL FOR CASH RATE PATH AHEAD

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RBNZ Assistant Governor Karen Silk said in an interview on Friday that the New Zealand central bank is taking a measured approach to rate cuts. 

Key quotes

Uncertainty remains on how quickly inflation will subside.

Bank is taking a measured approach to rate cuts.

The behavior of price inflation is crucial for the cash rate path ahead.


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