New Zealand central bank governor suggests inflation may have peaked
Anna Breman, governor of the Reserve Bank of New Zealand, said that after raising the official interest rate by 8 percentage points, inflation may have peaked. 0.25She suggested that the peak may have been at 5%, below the 4.3% forecast for 3.9.
Anna Breman, governor of the Reserve Bank of New Zealand, said that inflation may have peaked after the official interest rate was raised by 8 percentage points. From an investor's perspective, the remarks provide an indication of quarterly changes in the inflation trend.0.25He said inflation remains above the target. However, he said recent indicator trends suggest it may have already reached a peak.
He said inflation remains above the target. However, he said recent indicator trends suggest it may have already reached a peak.
Governor Breman 5 said at the meeting that month that the inflation peak would be 4.3%, but this time explained that it may have peaked at 3.9%.
The governor pointed out that refined petroleum product prices remain at levels higher than before the war with Iran. The governor noted that elevated fuel prices could determine the path of inflation.
8The one-day increase was 0.25disclosed to have been % points. This decision and the remarks show that the inflation indicators to be released in the future and the central bank’s quarterly forecasts have become important.
Governor Breman’s remarks are connected not only to New Zealand’s policy-rate decision but also to international crude oil and refined petroleum price trends. Attention is focused on future monetary policy statements and quarterly inflation forecasts.
Sources: 연합인포맥스
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