ANZ on New Zealand inflation & RBNZ cash rate outlook ... OCR "going nowhere"

Author: Eamonn Sheridan | Category: Central Banks

ANZ in New Zealand on its inflation measure (ANZ focus on non-tradeable inflation  - broadly speaking domestically generated inflation)

  • 0.2% y/y % 2.6% y/y
Comments from ANZ:
  1. Apart from usual monthly variation, inflation is low
  2. ANZ note more sectors showing rises, fewer showing falls - something to watch
  3. RBNZ can have an extended break, OCR (official cash rate) not going anywhere