Even with today’s stronger than expected Q4 CPI, when we weigh everything up, we still come down on the side of the RBNZ having to adhere to its word, of leaving the start of its stimulus-removal campaign until its March Statement, where it can explain in full. Still, this morning’s CPI outcome does suggest the odds of a January hike are not negligible, and have probably risen on the back today’s report.
Read the full report: Economic Research
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