Search investingLive
Home
RBNZ Assistant Governor Silk says the cash rate needs to stay on hold for an extended time

RBNZ Assistant Governor Silk says the cash rate needs to stay on hold for an extended time

News
Eamonn Sheridan
25/05/2023 | 23:45 GMT

Silk speaking on Bloomberg TV.

  • Rates need to stay on hold for an extended period
  • must be watchful of over-tightening policy
  • can hold now and see what develops
silk rbnz

NZD/USD has dropped a few points.

Most Popular

Top Brokers

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access
View more

Business confidence hits rock bottom (-73) amid tax hike fears. Investment & hiring on hold. Deutsche Bank sees £35-40bn tax rises.

Telegraph
30m ago

EU sees 3.5M new firms vs 2.8M closures in 2023. Lithuania births 19.6%, Estonia deaths 27.5%. Malta leads positive gap.

Euronews
1h ago

Bitcoin's 'Uptober' streak broken! First monthly loss since 2018 amid rate hike fears. Traders eye next moves.

CryptoSlate
2h ago

Canada's C$6.4B minerals push targets China's rare earth dominance. Mining stocks could see gains.

Financial Times
2h ago

Govt shutdown costs economy $14B! Furloughs hit GDP, fiscal emergency looms. Traders eye risk.

Fortune
2h ago

Tariffs add $50 to shorts, raising prices 145% as small biz faces survival risk. Supreme Court weighs presidential power.

Associated Press Finance
3h ago

NVIDIA & Nokia jump on $1B AI deal; Amazon soars 13% on strong earnings. BoE warns AI valuations echo dot-com bubble.

Finance Magnates
3h ago
investingLive Premium
Telegram Community
Gain Access

Top Brokers

Sponsored

General Risk Warning

Must Read

Follow Us

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions.

Advisory warning: investingLive is not an investment advisor, investingLive provides references and links to selected news, blogs and other sources of economic and market information for informational purposes and as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and investingLive specifically hereby acknowledges clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided on an "as-is" basis as a general market commentary and does not constitute investment or trading advice, and we do not purport to present the entire relevant or available public information with respect to a specific market or security. investingLive expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information, or with respect to any of the content presented within its website, nor its editorial choices.

Disclaimer: investingLive may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

© 2025 Finance Magnates CY Limited — Part of Ultimate Group

Read our Terms, Cookies and Privacy Notice

Manage Cookies
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}