NZ inflation expectations ease over two-year horizon, RBNZ survey

Mon, 06 Nov 2017

By Rebecca Howard Nov. 6 (BusinessDesk) - New Zealand firms once again dialled back their two-year inflation expectations and also lowered their growth forecasts, which will likely add to the view the central bank will reiterate that rates will remain on hold until 2019 at Thursday's review. The Reserve Bank's survey of expectations showed respondents see annual inflation at 1.87 percent in one year versus 1.77 percent rate in the prior survey three months ago. In two years it is seen at 2.02 percent, down from 2.09 percent. The centr...

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