Bloomberg
New Zealand CPI Exceeds Forecasts, Spurring July Rate-Hike Bets
New Zealand inflation unexpectedly stayed above the top of the Reserve Bank’s 1%-3% target in the first quarter, prompting markets to boost bets on a July interest-rate hike as the impact of an expected Iran-war driven surge in fuel prices is still to come.
TW
Tracy Withers
Redação · Hace 3 h
New Zealand inflation unexpectedly stayed above the top of the Reserve Bank’s 1%-3% target in the first quarter, prompting markets to boost bets on a July interest-rate hike as the impact of an expected Iran-war driven surge in fuel prices is still to come.