With the war in the Middle East pushing oil prices sharply, consumer price inflation is set to rise to a two-year high. We estimate that New Zealand consumer prices rose by 1.5% in the June quarter. That’s slightly higher than our previous forecast, consistent with the firmer than expected increases in prices for volatile items […]
The post New Zealand CPI Preview, June Quarter 2026: Pain at the Pump appeared first on ActionForex.
Federal Reserve Vice Chair Philip Jefferson kept the door open to another interest rate hike if inflation fails to improve, while maintaining that current policy remains appropriate for now. Speaking in prepared remarks at the Read more…
Dallas Fed President Lorie Logan became the clearest advocate yet for renewed monetary tightening, becoming the first Fed official to publicly support another interest rate increase since Kevin Warsh became chair. In prepared remarks delivered Read more…
In a speech on Thursday, Kansas City Fed President Jeff Schmid cautioned against drawing premature conclusions from this week’s softer-than-expected June CPI report, arguing that inflation remains too high and price pressures continue to be Read more…