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New Zealand CPI data higher than expected - KiwiBank says RBNZ will take comfort

New Zealand CPI data higher than expected - KiwiBank says RBNZ will take comfort
The New Zealand Q2 inflation data was published earlier from Stats NZ:New Zealand Q2 CPI 1.1% q/q (vs. expected 1.0%)NZD/USD was marked up, but if you check out your charts you'll see it wasn't sustained:NZD marked higher after NZ CPI data higher than expectedASB response:New Zealand CPI data higher than expected - ASB sees RBNZ staying on sidelinesKiwiBank now:some good news on inflationInflation has peaked, globally. We are simply importing less inflation. This is great news. The world war on... Read More
Posted: Jul 19 2023, 01:41
Author Name: forexlive
Views: 102299

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