MIXED RESULTS IN RESERVE BANK OF NEW ZEALAND INFLATION EXPECTATIONS

MIXED RESULTS IN RESERVE BANK OF NEW ZEALAND INFLATION EXPECTATIONS

1-year inflation expectations rose to 2.15% from 2.05%.

2-year inflation expectations slightly dropped to 2.06% from 2.12%.

The 2-year figure is more closely watched by policymakers for assessing the impact of monetary policy.

1-year increase might still draw attention despite the drop in the 2-year expectations.