New Zealand central bank reduced its current monetary stimulus as the major downside risks of deflation and high unemployment receded amid improving economic activity.The Monetary Policy Committee of the Reserve Bank of New Zealand, on Wednesday, decided to halt additional asset purchases under the Large Scale Asset Purchase programme by July 23. The committee decided to hold the official interest...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.