Reserve Bank of New Zealand (RBNZ) Q4 2021 survey of expectations

  • 2 year is 2.96%, up from the Q3 survey at 2.27%
  • 1 year is 3.70%, up from Q3 at 3.02%

Its the 2 year that is most focused on.

NZD/USD popped a few points.

RBNZ comments (in summary):

  • OCR expectations continue to rise in the short and medium-term
  • One year ahead Inflation expectations rose to an eleven-year high of 3.70%

---

For background to this: