RBNZ’s latest Survey of Expectations for May revealed a notable uptick in inflation forecasts across all time horizons. One-year-ahead inflation expectations climbed from 2.15% to 2.41%, while two-year expectations rose from 2.06% to 2.29%. Even long-term projections edged higher, with five- and ten-year-ahead expectations increasing to 2.18% and 2.15% respectively. Despite the upward revisions in […]
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