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New Zealand dollar dip after RBNZ inflation expectations data

Reserve Bank of New Zealand dataNew Zealand Q2 2 year inflation expectations 2.97% (prior 3.3%)1 year 4.28% (prior 5.11%)Both the 1 and 2 year have dropped from Q1, and morePic is from the RBNZ survey results. At the margin this lessens the need for further RBNZ rate hikes. The Bank next meets on May 24. ---The Reserve Bank of New Zealand (RBNZ) inflation expectations dataa survey conducted quarterly by the RBNZbusinesses, economists, and households are asked about their inflation expectations o... Read More

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Posted: May 12 2023, 03:04

Author Name: forexlive

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