The funeral for a soldier killed in a terrorist attack happening in North Sinai is held in Qalyubia Broncos Jeff Heuerman Jersey , Egypt, July 8, 2017. Suicide bombing and shooting on an army checkpoint in North Sinai killed and wounded 26 soldiers on Friday, the Egyptian army said in a statement. (XinhuaAhmed Gomaa)
China's Qinghai Hoh Xil enters world heritage list as natural site
Chinese aircraft carrier formation arrives in HK, to open for public to visit
Main structure of Hong Kong-Zhuhai-Macao Bridge finished
Aircraft carrier "Liaoning" sails near Lamma Island in HK
Tourists visit Int'l Bazar at Urumqi in NW China's Xinjiang
Lotus flowers blossom across China
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WELLINGTON Broncos Shane Ray Jersey , May 11 (Xinhua) -- New Zealand's central bank left its official cash rate (OCR) unchanged at the historic low of 1.75 percent on Thursday, citing global challenges.
Global economic growth has increased and become more broad-based over recent months, but major challenges remain with on-going surplus capacity and extensive political uncertainty, said Reserve Bank of New Zealand governor Graeme Wheeler.
Stronger global demand has helped to raise commodity prices over the past year, which has led to some increase in headline inflation across New Zealand's trading partners Broncos Adam Gotsis Jersey , Wheeler said in a statement, adding the level of core inflation, however, has generally remained low, and monetary policy is expected to remain stimulatory in the advanced economies Broncos Paxton Lynch Jersey , but less so going forward.
The trade-weighted exchange rate has fallen 5 percent since February, partly in response to global developments and reduced interest rate differentials, he said, adding that it will help to rebalance the growth outlook towards the tradables sector if sustained.
Gross domestic product growth in the second half of 2016 was weaker than expected, but the growth outlook remains positive Broncos Jamaal Charles Jersey , supported by on-going accommodative monetary policy, strong population growth, and high levels of household spending and construction activity.
House price inflation has moderated further, especially in Auckland. The slowing in house price inflation partly reflects loan-to-value ratio restrictions and tighter lending conditions. However, there is a risk of resurgence given the continuing imbalance between supply and demand.
The increase in headline inflation in the March quarter was mainly due to higher tradables inflation Broncos Domata Peko Jersey , particularly petrol and food prices. Non-tradables and wage inflation remain moderate but are expected to increase gradually.
"Longer-term inflation expectations remain well-anchored at around 2 percent," said Wheeler.
Monetary policy would remain accommodative for a considerable period.
"Numerous uncertainties remain and policy may need to adjust accordingly," he said.
The OCR has been at 1.75 percent since November last year.
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WASHINGTON, May 24 (Xinhua) -- Kyrie Irving scored a game-high and career playoff-high 42 points as the Cleveland Cavaliers beat the Boston Celtics 112-99 on Tuesday to take a 3-1 series lead in the Eastern Conference finals.
Lebron James recovered from his early foul troubles in the first half and scored 28 of his 34 points in the second. Kevin Love added 17 points and 17 rebounds for the Cavs Broncos Ronald Leary Jersey , who are now 11-1 in the postseason.
Irving had 12 points in the second quarter and 21 in the third. He made nine of 10 field goal attempts in the third, including 2-for-3 on three-pointers as Cleveland outscored Boston 54-37 during that stretch. "He put us on his back and carried us," Cavs coach Tyronn Lue said.
"He's a great finisher. He's a good player. He's one of the best point guards in the NBA," Celtics guard Avery Bradley said of Irving. "You can tell he puts in a lot of work in his game. A lot of respect from myself, my teammates Broncos Menelik Watson Jersey ," he added.
Avery Bradley scored 19 and Jae Crowder bagged 18 for Boston. Al Horford added 16 points and Kelly Olynyk finished with 15.
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