ANZ analysts are expecting to see a stable unemployment rate of New Zealand at 4.3% in Q1. Key Quotes “Labour market data has been volatile in recent quarters; last quarter we saw a rise, but the general trend has been a gradual tightening. But further improvement in the near term seems unlikely with GDP growth subdued.” “Wage inflation is expected to have firmed to 2.1% y/y, reflecting both previous tightening in the labour market and minimum wage increases.” “A stable or slightly lower unemployment rate should set the scene for the RBNZ to deliver a downward-sloping OCR track at the May MPS, in line with our expectation for an August rate cut. A higher unemployment rate and subdued wage inflation would add to the risk of a rate cut as soon as May.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Bitcoin price analysis: BTC/USD hit pause button before another assault FX Street 4 years ANZ analysts are expecting to see a stable unemployment rate of New Zealand at 4.3% in Q1. Key Quotes "Labour market data has been volatile in recent quarters; last quarter we saw a rise, but the general trend has been a gradual tightening. But further improvement in the near term seems unlikely with GDP growth subdued." "Wage inflation is expected to have firmed to 2.1% y/y, reflecting both previous tightening in the labour market and minimum wage increases." "A stable or slightly lower unemployment rate should set the scene for the RBNZ to deliver a downward-sloping OCR track at the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
