NZD firms as Conway reinforces RBNZ hawkish tilt on inflation risk

The NZD's move looks like a fairly clean read on Conway's remarks, a central bank confirming it has already hiked, explaining the inflation logic behind doing so again, and delivering that message in a controlled, credible way rather than sounding reactive. Markets tend to reward exactly this kind of careful hawkish framing, tightening without alarm, more t…

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