According to RBNZ Q2 Survey of Expectations (Business), inflation expectations for the year ahead took a notable dip, marking the largest drop since June 2020. The one-year-ahead inflation expectation declined by -83 basis points, moving from 5.11% down to 4.28%. Further into the future, expectations for inflation over a two-year period also demonstrated a decrease. […]
The post RBNZ survey sees notable decline in inflation expectations, NZD/USD tumbles appeared first on Action Forex.
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