News
Important Only
RBNZ Sectoral Factor Inflation Model arrives at 3.4% YoY in Q3 2024
The Reserve Bank of New Zealand (RBNZ) released its Sectoral Factor Model Inflation gauge for the third quarter of 2024, following the release of the official Consumer Price Index (CPI) by the NZ Stats early Wednesday.
Fxstreet
Wed, Oct 16
BoJ’s Adachi: if inflation moves sustainably, stably, the BoJ can guide policy in line with neutral rate
Bank of Japan (BoJ) board member Seiji Adachi said on Wednesday that “if inflation moves sustainably, stably around 2%, the BoJ can guide monetary policy in a way allowing for policy rate to move roughly in line with neutral rate.” Additional quotes If chance of underlying inflation exceeding 2% heightens, the BoJ will raise its policy rate at pace exceeding rate of inflation.Fxstreet
Wed, Oct 16
RBNZ's Silk: Remains confident inflation will converge with 2% target
Reserve Bank of New Zealand (RBNZ) Assistant Governor Karen Silk noted early Wednesday that the RBNZ is increasingly confident it will achieve target inflation levels using its current monetary policy strategy, though maybe not as quickly as many would like.Fxstreet
Tue, Oct 15
