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New Zealand Q1 CPI in Focus, NZD/USD in decline with weak momentum

New Zealand Q1 CPI in Focus, NZD/USD in decline with weak momentum
Attention will turn to New Zealand’s Q1 in the upcoming session. Consensus expectations suggest that CPI will slow from Q4’s 7.2% yoy, with the majority of forecasts range from 6.9% to 7.1% yoy. Realizing such figures would present a downside surprise for RBNZ, which had projected a Q1 inflation rate of 7.3% yoy. With further […] The post New Zealand Q1 CPI in Focus, NZD/USD in decline with weak momentum appeared first on Action Forex... Read More
Posted: Apr 19 2023, 15:07
Author Name: actionforex
Views: 102776

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