NZD/USD forecast: Jobs report weakens case for aggressive RBNZ hikes

New Zealand's unemployment rate climbed to its highest level in over a decade in the June quarter, reinforcing the view that abundant labour market slack leaves little risk of a wage breakout that could reignite domestic inflationary pressures.

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Source: Forexcom

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Category Forex

Source Forexcom

Published 1 month ago

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News ID #458

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