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View Full Version : NZ Inflation Slows, Stemming Need for Higher Rates (Update3) - Bloomberg



NewsWhore
11-07-2007, 02:30 AM
NZ Inflation Slows, Stemming Need for Higher Rates (Update3) (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Dab0paUtfYd2E%26refer%3Dhome&cid=0&ei=NGgxR6PcAofapALzpq3MDA)
Bloomberg - Oct 14, 2007
The currency has been underpinned by the so-called yen carry trade, where investors borrow cheaply in Japan, where the benchmark interest rate is 0.5 ...



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