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11 Oct 2016
RBNZ’s McDermott: Further policy easing will be required
RBNZ Assistant Governor McDermott is now crossing the wires, via Reuters, speaking on the topic - ‘Understanding Low Inflation in New Zealand'.
Key Headlines:
Further policy easing will be required
RBNZ will continue to be accommodative
Annual CPI inflation for September quarter is going to be low
Inflation expected to rise in the December quarter