RBNZ Warns Inflation May Beat Estimates as Oil Surge Raises October Rate Hike Risk
New Zealand’s Reserve Bank warned near-term inflation could exceed estimates due to rising oil prices, raising the possibility of another rate hike at its October meeting.
Key points
- RBNZ warns inflation may beat estimates as oil prices surge
- October rate hike now possible, reversing recent pause
- NZD carry trades at risk as rate hike expectations build
How do you see this playing out for markets? Discuss below.
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