New Zealand inflation expectations Q1 2024: 2 yr at 2.5% (2.76% prior)

The Reserve Financial institution of New Zealand will take some consolation from declining inflation expectations:

1 yr for Q1 2024 is available in at 3.22%

• prior 3.6%

2 yr at 2.5%

• 2.76% prior

extra to return

NZD/USD has dropped, however different FX has additionally towards the USD, that is drawing some bids to the USD as this time the terrorists have hit a ship

• US military reported that Houthi militants launched two missiles from Yemen

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