Today’s CPI release confirms that inflation is all but certain to return to the RBNZ’s 1-3% target by Q3. In the context of an extremely weak economy and a rapidly loosening labour market, there is a growing chance that the Bank will start easing policy at its next meeting in August.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services