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Manon Aubry After Results European Parliament Election - Paris

MP Louis Boyard and French-Palestinian lawyer, founder of the Refugees Camps Observatory (Observatoire des Camps de Refugies - OCR) and candidate on the list of France's leftist-wing "La France Insoumise" (LFI) party Rima Hassan speaks to press after the vote results announcement during an election evening of France's left-wing "La France Insoumise" (LFI) party after the vote for the European Parliament election, at the Rotonde Stalingrad in Paris, on June 9, 2024. Photo by Alain Apaydin/ABACAPRESS.COM

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Manon Aubry After Results European Parliament Election - Paris

MP Louis Boyard and French-Palestinian lawyer, founder of the Refugees Camps Observatory (Observatoire des Camps de Refugies - OCR) and candidate on the list of France's leftist-wing "La France Insoumise" (LFI) party Rima Hassan speaks to press after the vote results announcement during an election evening of France's left-wing "La France Insoumise" (LFI) party after the vote for the European Parliament election, at the Rotonde Stalingrad in Paris, on June 9, 2024. Photo by Alain Apaydin/ABACAPRESS.COM

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Manon Aubry After Results European Parliament Election - Paris

MP Louis Boyard and French-Palestinian lawyer, founder of the Refugees Camps Observatory (Observatoire des Camps de Refugies - OCR) and candidate on the list of France's leftist-wing "La France Insoumise" (LFI) party Rima Hassan speaks to press after the vote results announcement during an election evening of France's left-wing "La France Insoumise" (LFI) party after the vote for the European Parliament election, at the Rotonde Stalingrad in Paris, on June 9, 2024. Photo by Alain Apaydin/ABACAPRESS.COM

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Manon Aubry After Results European Parliament Election - Paris

MP Louis Boyard and French-Palestinian lawyer, founder of the Refugees Camps Observatory (Observatoire des Camps de Refugies - OCR) and candidate on the list of France's leftist-wing "La France Insoumise" (LFI) party Rima Hassan speaks to press after the vote results announcement during an election evening of France's left-wing "La France Insoumise" (LFI) party after the vote for the European Parliament election, at the Rotonde Stalingrad in Paris, on June 9, 2024. Photo by Alain Apaydin/ABACAPRESS.COM

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Manon Aubry After Results European Parliament Election - Paris

France's left-wing party La France Insoumise (LFI) lead candidate Manon Aubry and French-Palestinian lawyer, founder of the Refugees Camps Observatory (Observatoire des Camps de Refugies - OCR) and candidate on the list of France's leftist-wing "La France Insoumise" (LFI) party Rima Hassan speaks to press after the vote results announcement during an election evening of France's left-wing "La France Insoumise" (LFI) party after the vote for the European Parliament election, at the Rotonde Stalingrad in Paris, on June 9, 2024. Photo by Alain Apaydin/ABACAPRESS.COM

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Manon Aubry After Results European Parliament Election - Paris

MP Louis Boyard and French-Palestinian lawyer, founder of the Refugees Camps Observatory (Observatoire des Camps de Refugies - OCR) and candidate on the list of France's leftist-wing "La France Insoumise" (LFI) party Rima Hassan speaks to press after the vote results announcement during an election evening of France's left-wing "La France Insoumise" (LFI) party after the vote for the European Parliament election, at the Rotonde Stalingrad in Paris, on June 9, 2024. Photo by Alain Apaydin/ABACAPRESS.COM

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Manon Aubry After Results European Parliament Election - Paris

MP Louis Boyard and French-Palestinian lawyer, founder of the Refugees Camps Observatory (Observatoire des Camps de Refugies - OCR) and candidate on the list of France's leftist-wing "La France Insoumise" (LFI) party Rima Hassan speaks to press after the vote results announcement during an election evening of France's left-wing "La France Insoumise" (LFI) party after the vote for the European Parliament election, at the Rotonde Stalingrad in Paris, on June 9, 2024. Photo by Alain Apaydin/ABACAPRESS.COM

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Manon Aubry After Results European Parliament Election - Paris

MP Louis Boyard and French-Palestinian lawyer, founder of the Refugees Camps Observatory (Observatoire des Camps de Refugies - OCR) and candidate on the list of France's leftist-wing "La France Insoumise" (LFI) party Rima Hassan speaks to press after the vote results announcement during an election evening of France's left-wing "La France Insoumise" (LFI) party after the vote for the European Parliament election, at the Rotonde Stalingrad in Paris, on June 9, 2024. Photo by Alain Apaydin/ABACAPRESS.COM

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Manon Aubry After Results European Parliament Election - Paris

MP Louis Boyard and French-Palestinian lawyer, founder of the Refugees Camps Observatory (Observatoire des Camps de Refugies - OCR) and candidate on the list of France's leftist-wing "La France Insoumise" (LFI) party Rima Hassan speaks to press after the vote results announcement during an election evening of France's left-wing "La France Insoumise" (LFI) party after the vote for the European Parliament election, at the Rotonde Stalingrad in Paris, on June 9, 2024. Photo by Alain Apaydin/ABACAPRESS.COM

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Manon Aubry After Results European Parliament Election - Paris

MP Louis Boyard and French-Palestinian lawyer, founder of the Refugees Camps Observatory (Observatoire des Camps de Refugies - OCR) and candidate on the list of France's leftist-wing "La France Insoumise" (LFI) party Rima Hassan speaks to press after the vote results announcement during an election evening of France's left-wing "La France Insoumise" (LFI) party after the vote for the European Parliament election, at the Rotonde Stalingrad in Paris, on June 9, 2024. Photo by Alain Apaydin/ABACAPRESS.COM

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Manon Aubry After Results European Parliament Election - Paris

France's left-wing party La France Insoumise (LFI) lead candidate Manon Aubry and French-Palestinian lawyer, founder of the Refugees Camps Observatory (Observatoire des Camps de Refugies - OCR) and candidate on the list of France's leftist-wing "La France Insoumise" (LFI) party Rima Hassan speaks to press after the vote results announcement during an election evening of France's left-wing "La France Insoumise" (LFI) party after the vote for the European Parliament election, at the Rotonde Stalingrad in Paris, on June 9, 2024. Photo by Alain Apaydin/ABACAPRESS.COM

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Manon Aubry After Results European Parliament Election - Paris

French-Palestinian lawyer, founder of the Refugees Camps Observatory (Observatoire des Camps de Refugies - OCR) and candidate on the list of France's leftist-wing "La France Insoumise" (LFI) party Rima Hassan speaks to press after the vote results announcement during an election evening of France's left-wing "La France Insoumise" (LFI) party after the vote for the European Parliament election, at the Rotonde Stalingrad in Paris, on June 9, 2024. Photo by Alain Apaydin/ABACAPRESS.COM

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Manon Aubry After Results European Parliament Election - Paris

MP Louis Boyard and French-Palestinian lawyer, founder of the Refugees Camps Observatory (Observatoire des Camps de Refugies - OCR) and candidate on the list of France's leftist-wing "La France Insoumise" (LFI) party Rima Hassan speaks to press after the vote results announcement during an election evening of France's left-wing "La France Insoumise" (LFI) party after the vote for the European Parliament election, at the Rotonde Stalingrad in Paris, on June 9, 2024. Photo by Alain Apaydin/ABACAPRESS.COM

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Manon Aubry After Results European Parliament Election - Paris

French-Palestinian lawyer, founder of the Refugees Camps Observatory (Observatoire des Camps de Refugies - OCR) and candidate on the list of France's leftist-wing "La France Insoumise" (LFI) party Rima Hassan speaks to press after the vote results announcement during an election evening of France's left-wing "La France Insoumise" (LFI) party after the vote for the European Parliament election, at the Rotonde Stalingrad in Paris, on June 9, 2024. Photo by Alain Apaydin/ABACAPRESS.COM

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Manon Aubry After Results European Parliament Election - Paris

French-Palestinian lawyer, founder of the Refugees Camps Observatory (Observatoire des Camps de Refugies - OCR) and candidate on the list of France's leftist-wing "La France Insoumise" (LFI) party Rima Hassan speaks to press after the vote results announcement during an election evening of France's left-wing "La France Insoumise" (LFI) party after the vote for the European Parliament election, at the Rotonde Stalingrad in Paris, on June 9, 2024. Photo by Alain Apaydin/ABACAPRESS.COM

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Manon Aubry After Results European Parliament Election - Paris

French-Palestinian lawyer, founder of the Refugees Camps Observatory (Observatoire des Camps de Refugies - OCR) and candidate on the list of France's leftist-wing "La France Insoumise" (LFI) party Rima Hassan speaks to press after the vote results announcement during an election evening of France's left-wing "La France Insoumise" (LFI) party after the vote for the European Parliament election, at the Rotonde Stalingrad in Paris, on June 9, 2024. Photo by Alain Apaydin/ABACAPRESS.COM

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Pro-Palestine Protest - Paris

Marion Aubry, Clemence Guette and French-Palestinian lawyer, founder of the Refugees Camps Observatory (Observatoire des Camps de Refugies - OCR) and candidate on the list of France's leftist-wing 'La France Insoumise' (LFI) party Rima Hassan during the demonstration at Place de la Bastille towards the Place de Nation, to demand France’s recognition of the Palestinian state and an immediate ceasefire in the Gaza Strip, in Paris, France, on June 08, 2024. Photo by Denis Prezat/ABACAPRESS.COM

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Pro-Palestine Protest - Paris

French-Palestinian lawyer, founder of the Refugees Camps Observatory (Observatoire des Camps de Refugies - OCR) and candidate on the list of France's leftist-wing 'La France Insoumise' (LFI) party Rima Hassan during the demonstration at Place de la Bastille towards the Place de Nation, to demand France’s recognition of the Palestinian state and an immediate ceasefire in the Gaza Strip, in Paris, France, on June 08, 2024. Photo by Denis Prezat/ABACAPRESS.COM

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LFI EU Elections Campaign Rally - Aubervilliers

French-Palestinian lawyer, founder of the Refugees Camps Observatory (Observatoire des Camps de Refugies - OCR) and candidate on the list of France's leftist-wing "La France Insoumise" (LFI) party Rima Hassan speaks during a LFI party campaign meeting for the upcoming European elections, in Aubervilliers, outside Paris, France on May 25, 2024. Photo by Pierrick Villette/ABACAPRESS.COM

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LFI EU Elections Campaign Rally - Aubervilliers

French-Palestinian lawyer, founder of the Refugees Camps Observatory (Observatoire des Camps de Refugies - OCR) and candidate on the list of France's leftist-wing "La France Insoumise" (LFI) party Rima Hassan speaks during a LFI party campaign meeting for the upcoming European elections, in Aubervilliers, outside Paris, France on May 25, 2024. Photo by Pierrick Villette/ABACAPRESS.COM

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LFI EU Elections Campaign Rally - Aubervilliers

French-Palestinian lawyer, founder of the Refugees Camps Observatory (Observatoire des Camps de Refugies - OCR) and candidate on the list of France's leftist-wing "La France Insoumise" (LFI) party Rima Hassan speaks during a LFI party campaign meeting for the upcoming European elections, in Aubervilliers, outside Paris, France on May 25, 2024. Photo by Pierrick Villette/ABACAPRESS.COM

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Spartan Kyiv 2024 charity race

KYIV, UKRAINE - APRIL 20, 2024 - A competitor balances on the beam during the Spartan Kyiv 2024 charity race on Trukhaniv Island, Kyiv, capital of Ukraine. The event is held to raise money for drones for military intelligence personnel and a seriously wounded serviceman of the Defence Intelligence of Ukraine.

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Spartan Kyiv 2024 charity race

KYIV, UKRAINE - APRIL 20, 2024 - Competitors crawl through a mud pit topped with barbed wire during the Spartan Kyiv 2024 charity race on Trukhaniv Island, Kyiv, capital of Ukraine. The event is held to raise money for drones for military intelligence personnel and a seriously wounded serviceman of the Defence Intelligence of Ukraine.

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Spartan Kyiv 2024 charity race

KYIV, UKRAINE - APRIL 20, 2024 - Competitors crawl through a mud pit topped with barbed wire during the Spartan Kyiv 2024 charity race on Trukhaniv Island, Kyiv, capital of Ukraine. The event is held to raise money for drones for military intelligence personnel and a seriously wounded serviceman of the Defence Intelligence of Ukraine.

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Spartan Kyiv 2024 charity race

KYIV, UKRAINE - APRIL 20, 2024 - A competitor crawls through a mud pit topped with barbed wire during the Spartan Kyiv 2024 charity race on Trukhaniv Island, Kyiv, capital of Ukraine. The event is held to raise money for drones for military intelligence personnel and a seriously wounded serviceman of the Defence Intelligence of Ukraine.

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Spartan Kyiv 2024 charity race

KYIV, UKRAINE - APRIL 20, 2024 - Competitors balance on the beam during the Spartan Kyiv 2024 charity race on Trukhaniv Island, Kyiv, capital of Ukraine. The event is held to raise money for drones for military intelligence personnel and a seriously wounded serviceman of the Defence Intelligence of Ukraine.

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Spartan Kyiv 2024 charity race

KYIV, UKRAINE - APRIL 20, 2024 - A woman gets over an obstacle during the Spartan Kyiv 2024 charity race on Trukhaniv Island, Kyiv, capital of Ukraine. The event is held to raise money for drones for military intelligence personnel and a seriously wounded serviceman of the Defence Intelligence of Ukraine.

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Spartan Kyiv 2024 charity race

KYIV, UKRAINE - APRIL 20, 2024 - A woman runs during the Spartan Kyiv 2024 charity race on Trukhaniv Island, Kyiv, capital of Ukraine. The event is held to raise money for drones for military intelligence personnel and a seriously wounded serviceman of the Defence Intelligence of Ukraine.

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Spartan Kyiv 2024 charity race

KYIV, UKRAINE - APRIL 20, 2024 - A man pulls a rope during the Spartan Kyiv 2024 charity race on Trukhaniv Island, Kyiv, capital of Ukraine. The event is held to raise money for drones for military intelligence personnel and a seriously wounded serviceman of the Defence Intelligence of Ukraine.

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Spartan Kyiv 2024 charity race

KYIV, UKRAINE - APRIL 20, 2024 - A man gets over an obstacle during the Spartan Kyiv 2024 charity race on Trukhaniv Island, Kyiv, capital of Ukraine. The event is held to raise money for drones for military intelligence personnel and a seriously wounded serviceman of the Defence Intelligence of Ukraine.

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Spartan Kyiv 2024 charity race

KYIV, UKRAINE - APRIL 20, 2024 - A man runs along the Park Bridge across the Dnipro River leading to Trukhaniv Island during the Spartan Kyiv 2024 charity race, Kyiv, capital of Ukraine. The event is held to raise money for drones for military intelligence personnel and a seriously wounded serviceman of the Defence Intelligence of Ukraine.

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Spartan Kyiv 2024 charity race

KYIV, UKRAINE - APRIL 20, 2024 - A competitor crawls in the water under barbed wire during the Spartan Kyiv 2024 charity race on Trukhaniv Island, Kyiv, capital of Ukraine. The event is held to raise money for drones for military intelligence personnel and a seriously wounded serviceman of the Defence Intelligence of Ukraine.

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Spartan Kyiv 2024 charity race

KYIV, UKRAINE - APRIL 20, 2024 - Competitors climb an obstacle using ropes during the Spartan Kyiv 2024 charity race on Trukhaniv Island, Kyiv, capital of Ukraine. The event is held to raise money for drones for military intelligence personnel and a seriously wounded serviceman of the Defence Intelligence of Ukraine.

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Spartan Kyiv 2024 charity race

KYIV, UKRAINE - APRIL 20, 2024 - Competitors climb an obstacle using ropes during the Spartan Kyiv 2024 charity race on Trukhaniv Island, Kyiv, capital of Ukraine. The event is held to raise money for drones for military intelligence personnel and a seriously wounded serviceman of the Defence Intelligence of Ukraine.

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Spartan Kyiv 2024 charity race

KYIV, UKRAINE - APRIL 20, 2024 - Competitors crawl through a mud pit topped with barbed wire during the Spartan Kyiv 2024 charity race on Trukhaniv Island, Kyiv, capital of Ukraine. The event is held to raise money for drones for military intelligence personnel and a seriously wounded serviceman of the Defence Intelligence of Ukraine.

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Spartan Kyiv 2024 charity race

KYIV, UKRAINE - APRIL 20, 2024 - Competitors wade through the Dnipro River during the Spartan Kyiv 2024 charity race on Trukhaniv Island, Kyiv, capital of Ukraine. The event is held to raise money for drones for military intelligence personnel and a seriously wounded serviceman of the Defence Intelligence of Ukraine.

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Spartan Kyiv 2024 charity race

KYIV, UKRAINE - APRIL 20, 2024 - Competitors crawl through a mud pit topped with barbed wire during the Spartan Kyiv 2024 charity race on Trukhaniv Island, Kyiv, capital of Ukraine. The event is held to raise money for drones for military intelligence personnel and a seriously wounded serviceman of the Defence Intelligence of Ukraine.

E

Spartan Kyiv 2024 charity race

KYIV, UKRAINE - APRIL 20, 2024 - A competitor balances on the beam during the Spartan Kyiv 2024 charity race on Trukhaniv Island, Kyiv, capital of Ukraine. The event is held to raise money for drones for military intelligence personnel and a seriously wounded serviceman of the Defence Intelligence of Ukraine.

E

Spartan Kyiv 2024 charity race

KYIV, UKRAINE - APRIL 20, 2024 - Competitors climb an obstacle using ropes during the Spartan Kyiv 2024 charity race on Trukhaniv Island, Kyiv, capital of Ukraine. The event is held to raise money for drones for military intelligence personnel and a seriously wounded serviceman of the Defence Intelligence of Ukraine.

E

Spartan Kyiv 2024 charity race

KYIV, UKRAINE - APRIL 20, 2024 - A man pulls a rope during the Spartan Kyiv 2024 charity race on Trukhaniv Island, Kyiv, capital of Ukraine. The event is held to raise money for drones for military intelligence personnel and a seriously wounded serviceman of the Defence Intelligence of Ukraine.

E

Spartan Kyiv 2024 charity race

KYIV, UKRAINE - APRIL 20, 2024 - Competitors get over an obstacle during the Spartan Kyiv 2024 charity race on Trukhaniv Island, Kyiv, capital of Ukraine. The event is held to raise money for drones for military intelligence personnel and a seriously wounded serviceman of the Defence Intelligence of Ukraine.

E

Spartan Kyiv 2024 charity race

KYIV, UKRAINE - APRIL 20, 2024 - Competitors take off from the start line during the Spartan Kyiv 2024 charity race on Trukhaniv Island, Kyiv, capital of Ukraine. The event is held to raise money for drones for military intelligence personnel and a seriously wounded serviceman of the Defence Intelligence of Ukraine.

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New Zealand increases official cash rate to 5.25 pct

STORY: New Zealand increases official cash rate to 5.25 pct DATELINE: April 6, 2023 LENGTH: 00:02:10 LOCATION: Wellington CATEGORY: ECONOMY SHOTLIST: 1. various of banks and cash machines 2. various of supermarkets 3. various of street view and gas station STORYLINE: The Reserve Bank of New Zealand (RBNZ) on Wednesday increased its Official Cash Rate (OCR) by 50 basis points, from 4.75 percent to 5.25 percent, its highest level since late 2008. The central bank's Monetary Policy Committee agreed the OCR needs to increase, as previously indicated, to return inflation to the 1-3 percent target range over the medium term. "Inflation is still too high and persistent, and employment is beyond its maximum sustainable level," said a committee statement. The level of economic activity over the December quarter was lower than anticipated and there are emerging signs of capacity pressures in the economy easing, it said, adding demand continues to significantly outpace the economy's supply capacity, thereby mainta

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New Zealand central bank increases official cash rate by 50 basis points

STORY: New Zealand central bank increases official cash rate by 50 basis points DATELINE: Feb. 22, 2023 LENGTH: 0:02:10 LOCATION: Wellington CATEGORY: ECONOMY SHOTLIST: 1. various of banks and cash machines 2. various of supermarkets 3. various of street view STORYLINE: New Zealand's Reserve Bank increased the official cash rate (OCR) by 50 basis points to 4.75 percent on Wednesday, the 10th consecutive hike since mid-2021. As high inflation still plagues the economy, the central bank said more rate rises are needed to curb inflation. The OCR, which affects the cost of borrowing, was just 0.25 percent in mid-2021. Cyclone Gabrielle and other recent severe weather events have had a devastating effect on the lives of many New Zealanders, and it is too early to accurately assess the monetary policy implications of these weather events, said a Reserve Bank statement. Over the coming weeks, prices for some goods are likely to spike, economic activities will be weaker than previously expected, an

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New Zealand increases Official Cash Rate to highest level since 2008

STORY: New Zealand increases Official Cash Rate to highest level since 2008 DATELINE: Nov. 25, 2022 LENGTH: 00:01:56 LOCATION: Wellington CATEGORY: ECONOMY SHOTLIST: 1. various of cash machines, medical workers and gas station 2. various of New Zealand's port area 3. various of supermarket 4. various of street view STORYLINE: New Zealand on Wednesday increased the Official Cash Rate (OCR) to its highest level since December 2008, with the rise of 75 basis points, also the biggest hike since 1999. The Monetary Policy Committee of the New Zealand Reserve Bank (RBNZ) increased the OCR from 3.5 percent to 4.25 percent to further curb the widespread inflation. The committee agreed that the OCR needs to reach a higher level, and sooner than previously indicated, to ensure inflation returns to within its target range over the medium term, according to an RBNZ statement. Core consumer price inflation is too high, which was at 7.2 percent currently; employment is beyond its maximum sustainable level; and near-te

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New Zealand increases Official Cash Rate to highest level since 2008

STORY: New Zealand increases Official Cash Rate to highest level since 2008 DATELINE: Nov. 23, 2022 LENGTH: 00:01:40 LOCATION: Wellington CATEGORY: ECONOMY SHOTLIST: 1. various of streets 2. various of banks 3. various of a supermarket 4. various of port STORYLINE: New Zealand on Wednesday increased the Official Cash Rate (OCR) to its highest level since December 2008, with a rise of 75 basis points, also the biggest hike since 1999. The Monetary Policy Committee of the New Zealand Reserve Bank (RBNZ) increased the OCR from 3.5 percent to 4.25 percent to further curb widespread inflation. The committee agreed that the OCR needs to reach a higher level, and sooner than previously indicated, to ensure inflation returns to within its target range over the medium term, according to an RBNZ statement. Core consumer price inflation is too high, which was at 7.2 percent currently; employment is beyond its maximum sustainable level; near-term inflation expectations have risen, it said. Global consumer price in

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NEW ZEALAND-OFFICIAL CASH RATE-INCREASE

(221123) -- AUCKLAND, Nov. 23, 2022 (Xinhua) -- People walk past a bank in Auckland, New Zealand, Nov. 20, 2022. New Zealand on Wednesday increased the Official Cash Rate (OCR) to its highest level since December 2008, with the rise of 75 basis points, also the biggest hike since 1999. The Monetary Policy Committee of the New Zealand Reserve Bank (RBNZ) increased the OCR from 3.5 percent to 4.25 percent to further curb the widespread inflation. (Photo by Zhao Gang/Xinhua)

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NEW ZEALAND-OFFICIAL CASH RATE-INCREASE

(221123) -- AUCKLAND, Nov. 23, 2022 (Xinhua) -- People use ATM machines in Auckland, New Zealand, Nov. 21, 2022. New Zealand on Wednesday increased the Official Cash Rate (OCR) to its highest level since December 2008, with the rise of 75 basis points, also the biggest hike since 1999. The Monetary Policy Committee of the New Zealand Reserve Bank (RBNZ) increased the OCR from 3.5 percent to 4.25 percent to further curb the widespread inflation. (Photo by Zhao Gang/Xinhua)

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NEW ZEALAND-OFFICIAL CASH RATE-INCREASE

(221123) -- AUCKLAND, Nov. 23, 2022 (Xinhua) -- A woman walks past a shop in Auckland, New Zealand, Nov. 21, 2022. New Zealand on Wednesday increased the Official Cash Rate (OCR) to its highest level since December 2008, with the rise of 75 basis points, also the biggest hike since 1999. The Monetary Policy Committee of the New Zealand Reserve Bank (RBNZ) increased the OCR from 3.5 percent to 4.25 percent to further curb the widespread inflation. (Photo by Zhao Gang/Xinhua)

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New Zealand hikes cash rate by 0.5 percent

STORY: New Zealand hikes cash rate by 0.5 percent DATELINE: Oct. 5, 2022 LENGTH: 00:01:56 LOCATION: Wellington CATEGORY: ECONOMY SHOTLIST: 1. various of New Zealand 2. various of people buying in the supermarket 3. various of the petrol station STORYLINE: The Monetary Policy Committee of New Zealand's central bank agreed on Wednesday to increase the Official Cash Rate (OCR) by 50 basis points to 3.5 percent. The current OCR is at its highest point in seven years. The committee agreed that it remains appropriate to continue to tighten monetary conditions at pace to maintain price stability and contribute to maximum sustainable employment. "Core consumer price inflation is too high and labor resources are scarce," said in a committee statement. Global consumer price pressures remain heightened. The global demand for goods and services is exceeding supply capacity, putting upward pressure on prices, it said. In New Zealand, the level of domestic spending has remained resilient to date, in the face of slo