New Zealand: Labour market has reached a turning point, RBNZ to hike 50 bps – Westpac

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New Zealand: Labour market has reached a turning point, RBNZ to hike 50 bps – Westpac NewZealand Employment RBNZ InterestRate Banks

“While the jobs market is coming from a very strong starting point, there is good reason to expect a deterioration in the years ahead. In contrast, wage inflation remains on the rise, and the turning point is likely to come later.” Information on these pages contains forward-looking statements that involve risks and uncertainties.

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