Daily Alert: Time for the RBNZ to talk tough as inflation expectations soar

  • The closely watched RBNZ 2-year ahead expectation for annual CPI inflation jumped to 2.96%, a 13-year high.
  • We expect a 25bp OCR hike next week, but a hawkish statement from the RBNZ and upward revisions to their OCR profile relative to August.
  • There were few significant developments overnight.

Contact us

Other reports