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RBNZ 2% inflation focus may be up for discussion

Bloomberg New Zealand Finance Minister Grant Robertson said he expects to discuss the central bank’s current focus on the 2 percent midpoint of its inflation target band once a new governor is appointed. “The most important thing for me is that we continue, and we’ve committed to, keeping the band,” he said in an interview in his Wellington office. “I ...

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South Africa’s central bank sees scope to support economy

Bloomberg The South African Reserve Bank can provide support for the economy even as it remains focused on inflation, Governor Lesetja Kganyago said. While inflation risks remain tilted to the upside, the central bank has to consider South Africa’s challenging economic environment in setting policy, Kganyago said in a printed copy of a speech delivered to investors in New York ...

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Boeing China order worth $37 billion part of ‘old deal’

Bloomberg Eager to show he can narrow the trade gap with China and create jobs at home, US President Donald Trump touted an order for 300 Boeing Co. planes. Yet the bulk of the deal announced in Beijing was old news. The order, with a list value of $37 billion before customary discounts, consists mostly of previous agreements, officials with ...

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