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What Rising Inflation Means For The New Zealand Economy?
A rebound in the economic growth is often succeeded by rising inflationary pressures, as the economy sees rising consumer activity when it recovers, which bolsters the existing money flow. The central bank experts are of the opinion that the current increase in inflation is most likely temporary and could soon come to an end. However, other specialists seem to disagree as they fear that inflation levels bear semblance to the 1970s-like scenario when inflation reached a shocking 18%. Warning signals heightened across the nation after the Reserve Bank of New Zealand (RBNZ) raised interest rates for the second time in a ... (full story)
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- Posted: Jan 4, 2022 10:14pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 465
