Inflation impulse picks up in New Zealand; The RBNZ will need to revise up its dovish policy guidance

Posted on April 21st, 2017

New Zealand experienced a rebound in headline inflation in Q1, consistent with the global trend and higher oil prices from a year earlier.  More recent inflation data from the USA and Europe has eased, along with some flattening in oil prices and still subdued core inflation trends.  Market-based measures of longer-term inflation expectations have also […]