RBNZ’s Silk: Concerned about near-term inflation risks

Source Fxstreet

Reserve Bank of New Zealand Assistant Governor Karen Silk said early Friday that she is “concerned about near-term inflation risks.”

“Bank has adjusted its modeling after it underestimated the strength of domestic inflation,” she added.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Euro zone inflation eases a touch in October but core steady​Euro zone inflation slowed a touch in October and continued to hover near the European Central Bank's 2% target, confirming the bank's message that the economy remains on the relatively benign path it projected earlier.
Author  Reuters
13 hours ago
​Euro zone inflation slowed a touch in October and continued to hover near the European Central Bank's 2% target, confirming the bank's message that the economy remains on the relatively benign path it projected earlier.
placeholder
EUR/GBP Price Forecast: Euro consolidaties gains around 0.8800The Euro appreciates for the fourth consecutive day against a weaker Pound, with price action showing consolidation around the 0.8800 area on Friday's early European session, on track for a 0.8% weekly rally.
Author  FXStreet
13 hours ago
The Euro appreciates for the fourth consecutive day against a weaker Pound, with price action showing consolidation around the 0.8800 area on Friday's early European session, on track for a 0.8% weekly rally.
placeholder
Amazon shares soar as AI boom fuels stellar growth in AWS cloud unitAmazon shares jumped nearly 12% in premarket trade on Friday after strong growth at its cloud unit and a bullish sales outlook eased fears that the tech giant was falling behind rivals in the AI race.
Author  Reuters
13 hours ago
Amazon shares jumped nearly 12% in premarket trade on Friday after strong growth at its cloud unit and a bullish sales outlook eased fears that the tech giant was falling behind rivals in the AI race.
placeholder
Forex Today: US Dollar clings to weekly gains as central bank dust settlesHere is what you need to know on Friday, October 31:
Author  FXStreet
14 hours ago
Here is what you need to know on Friday, October 31:
placeholder
GBP/USD treads water above 1.3150 as Fed rate cuts climbGBP/USD inches higher after three days of losses, trading around 1.3160 during the Asian hours on Friday.
Author  FXStreet
17 hours ago
GBP/USD inches higher after three days of losses, trading around 1.3160 during the Asian hours on Friday.
Related Instrument
goTop
quote