Media release The Monetary Policy Committee today voted 4 – 3 to hold the OCR at 2.75 percent. Annual consumers price index inflation was 3.7 percent in the September quarter, down from 4.1 percent in June and lower than expected. To date, wage growth has been subdued, and medium-term inflation expectations have remained stable. However, […]
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The RBNZ unexpectedly held its Official Cash Rate at 2.75%, defying market expectations for a 25bp hike to 3.00%, with the Monetary Policy Committee narrowly voting 4–3 in favour of maintaining rates. Despite the surprise Read more…
Australia’s annual CPI inflation accelerated from 4.0% to 4.3% in September, exceeding market expectations of 4.2%, while monthly prices rose 0.8%. For Q3, headline CPI increased 1.3% q/q and 3.9% y/y, both matching forecasts. More Read more…