NZ CPI Hits a 32-Year High, but is it Enough for an Imminent Hike?

Despite another strong inflation report for New Zealand, it was below expectations which leaves traders questioning when (and by how much) RBNZ’s next hike will be. Headline inflation rose 6.9% y/y (up from 5.8% prior but below 7.2% forecast) CPI rose 1.8% q/q (up from 1.4% prior) Food was the most significant contributor to quarterly […]

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