New Zealand's Labour Market Slack Means Accommodative Monetary Policy

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 7, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The largest increase in migration in a century has helped support New Zealand's economic growth, but has also boosted the labour force, keeping a lid on wage inflation, Reserve Bank Deputy Governor Geoff Bascand said. Slack in New Zealand's labour market has been the main factor to the RBNZ's decision[​IMG]

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