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NZ 2-year inflation expectations fall to lowest since 1994

RBNZ survey of 2 year inflation expectations

Come in at 1.63% (vs. 1.85% prior)

NZD copping a sell off on the data

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A strong reaction to this data print from the NZD. lower inflation of course leaves room for the RBNZ to cut further. but still .... it does seem to be an outsize response.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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