Daily Alert: NZ inflation still on manoeuvres; Markets cautious following Fed signals

  • Yesterday morning’s Q4 NZ CPI print was a little bit below our expectations, but still showed inflation pushing past the RBNZ’s previous round of forecasts in the November MPS. 
  • NZ rates were on the march ahead of the CPI release but backtracked a bit on the result. 
  • Equities have been mixed overnight, stuck between the positive data flow, caution around the start to the tightening cycle and the usual well-documented anxieties. 


Contact us

Other reports