In a speech today, RBNZ Chief Economist Paul Conway discussed the complexities of bringing inflation sustainably back to target, noting “remaining challenges” and various risks and uncertainties. Conway pointed out that in the “near term”, inflation might be “more persistent” than current projections suggest. He highlighted that domestic or non-tradables inflation and services sector inflation […]
The post RBNZ’s Conway: Inflation sticky near-term, could fall more quickly medium term appeared first on Action Forex.
