NEW ZEALAND INFLATION DATA AND EXPECTATIONS FOR RBNZ RATE CUT
NEW ZEALAND INFLATION DATA AND EXPECTATIONS FOR RBNZ RATE CUT
New Zealand's Q4 inflation data shows inflation within the RBNZ's target range of 1-3%.
Market pricing suggests a 67% chance of a 50 basis point rate cut by the Reserve Bank of New Zealand (RBNZ).
The RBNZ aims to keep inflation around the 2% midpoint over the medium term.
The next RBNZ meeting is scheduled for February 19.
The central bank's interest rate decisions focus on maintaining price stability and supporting economic growth.
