RBNZ Deputy Governor Hawkesby says higher interest rates means cooling jobs market ...Middle East

Reserve Bank of New Zealand Deputy Governor Hawkesby Employment data confirmation of trend we were expecting to seeHigher interest rates will involve a cooling of the labour marketHigh global inflation still remains a key risk for financial stabilityEarlier today from NZ:Reserve Bank of New Zealand - risk of persistent inflation, rates restrictive for longerNew Zealand data: Unemployment rate 4.3% (vs. 4.2% expected, 4.0% prior) This article was written by Eamonn Sheridan at www.forexlive.com.

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