RBNZ Governor Flags Higher Oil Prices as Inflation Risk

RBNZ Governor Anna Breman warns that persistent oil costs may push inflation above September forecasts, keeping rate cuts uncertain. She added that while the economic recovery is ongoing but uneven, the outlook remains subject to significant risks ahead of the October policy decision.
According to Newsquawk, Breman clarified that the central bank’s current data indicates the economy is continuing to recover, albeit unevenly, while emphasizing that the broader economic outlook still faces significant risks.
Source: NewsquawkAnna Breman warns that persistent oil costs may push New Zealand inflation above September forecasts, keeping rate cuts uncertain.
Source: FXStreet






