Daily Alert: NZ inflation literally the big one this week
- We have finalised our longer-term OCR outlook after last Wednesday’s 50bp OCR increase
- Last Thursday’s release of March Australian employment showed an 18k jobs lift and steady unemployment at its joint lowest rate of 4%
- Friday night’s April University of Michigan Consumer Sentiment survey showed a sharper than expected jump in sentiment to 65.7, a 3-month high, from 59.4
