Published: 2024-02-13T05:42:30.000Z
NZD/USD flows: RBNZ Inflation Excpectations Revised Lower
FX Analyst
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RBNZ inflation expectations for 1yr at 3.22% from 3.6% and 2yr at 2.5% from 2.76%
The RBNZ inflation expectation has been revised lower. 1yr expectation is lowered to 3.22% from 3.6% and 2yr to 2.5% from 2.76%. It is not surprising given the current inflation dynamics but seems to have smashed hawkish speculations sparked by ANZ last week.
NZD/USD dropped 0.38% to 0.6106.