Inflation Holds Steady at 2.2% Amid Economic Challenges
For the second quarter in a row, New Zealand’s inflation rate has remained steady at 2.2%, comfortably sitting within the Reserve Bank’s target range of 1-3% for the first time…
Reserve Bank Warns of Strained Levels in Household Borrowing
The Reserve Bank has sounded a cautionary note as more homeowners find themselves struggling with mortgage payments, especially those aged 30 to 50. The bank’s six-monthly Financial Stability Report highlights…
