NZ inflation expectations push higher, may give RBNZ pause for thought

Tue, 07 Feb 2017

By Rebecca Howard Feb. 7 (BusinessDesk) - New Zealand inflation expectations for the next two years have increased, a Reserve Bank survey shows, likely adding to the view that the central bank may lift its projected track for interest rates in Thursday's monetary policy statement. Expectations for inflation one year out rose to 1.56 percent compared to 1.29 percent in the Reserve Bank's last survey three months ago. The two-year ahead figure rose to 1.92 percent from 1.68 percent. The Reserve Bank releases its monetary policy statemen...

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