Reserve Bank of New Zealand:

2-year Inflation Expectations Q3 2.03%

  • prior 2.33%
  • The two year horizon is the important one for the Reserve Bank of New Zealand, it views this as a reasonable time frame over which its policy changes impact.

1-year 2.4%

rbnz inflation expectations 08 August 2024 2

NZD/USD marked lower on the data, trading around 0.5992