Eyes on NZ CPI; Japan government takes a drubbing, inflation eases; US housebuilding weaker except in Northeast; will Trump ...

Without independence, the Fed couldn’t be trusted to give priority to low inflation over the president’s other priorities.

The CBN maintained its benchmark Monetary Policy Rate (MPR) at 27.5% during the meeting, holding all other parameters constant. While recent data shows a gradual easing of inflation, the MPC noted ...