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New Zealand Inflation Cooling, Rate Cut Timing in Focus
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Inflation pressures in New Zealand's economy cooled sharply in the fourth quarter, with consumer prices rising 0.5% and by 4.7% from the same period a year earlier. The Reserve Bank of New Zealand's (RBNZ) hawkish message and signaling of another rate hike may soften in the upcoming policy meeting.
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How might the cooling inflation pressures impact the Reserve Bank of New Zealand's policy decisions?
How might the softening of the RBNZ's hawkish message and signaling of another rate hike affect the economy?
What factors contributed to the decline in inflation in New Zealand's economy?
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