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Germany's foreign minister baerbock at nato - we need to make military capabilities compatible and increase military spending.

German industrial orders february 2023 full report destatis.de/en/press/2023/04…

Rba's gov. lowe: the balance of risks points to more rate hikes.

Rba's gov. lowe: just because we maintain rates in may doesn't mean we won't move later.

Rba's gov. lowe: it is critical for the government to return the budget to balance in the medium term.

Rba's gov. lowe: the board is prepared for a slightly slower return to the inflation objective than some other central banks.

Rba's gov. lowe: while supply-side factors influence how quickly inflation drops, they cannot be used to justify continuing to tolerate greater inflation.

Rba's gov. lowe: the recent high inflation has not been driven by excessive pay rise.

Rba's gov. lowe: it is becoming increasingly evident that higher interest rates are having an effect on consumer spending.

Rba's gov. lowe: wage outcomes are consistent with inflation returning to target.

Rba's gov. lowe: the board is aware that monetary policy has a lag because of economic uncertainties.

Rba's gov. lowe: pause is consistent with previous rate cycles.

Rba's gov. lowe: it was typical to move rates several times, then wait a bit before moving again if necessary.

Rba's gov. lowe: it is wise to hold rates constant this month to give more time to examine the impact of previous rate rises.

Rba's gov. lowe: at our next meeting, we will go over monetary policy and updated forecasts once more.

Rba's gov. lowe: the board believes that additional tightening of monetary policy may be required.

Rba's gov. lowe: the decision to hold interest rates stable does not mean that interest rate increases are over.

Rba's gov. lowe: banking crisis is a new headwind for the global economy.

Rbnz minutes: the labour market remains solid.

Rbnz minutes: the committee's assessment is that there is no significant conflict between lowering inflation and maintaining new zealand's financial stability.