In a decade New zealand inflation rose to the highest level. RBNZ announced a halt to its quantitative easing program earlier due to a surprise rebound in business confidence, a sharp rise in inflationary pressures and a tight labor market.
NZD had strengthened in May after the interest rate hike, but it was not enough to tackle inflation. NZDCHF 24th MAY 2022
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.