RBNZ survey exhibits family 2-year inflation expectations rising to three.2% (prior 3.0%)

This may preserve chatter of a possible RBNZ price hike subsequent week on the simmer.

The two-year is what the RBNZ might be taking a look at because it views this time horizon as key for the transmission of modifications in financial coverage

Earlier previews of what to anticipate from the Reserve Financial institution of New Zealand on February 28:

• RBNZ meet next week, their bark is likely to be worse than their bite – no hike expected
• ANZ says the RBNZ has no tolerance for delays in the return of inflation to target

This text was written by Eamonn Sheridan at www.forexlive.com.