Analist: Yeni Zelanda enflasyon dirençli, faiz indirimi görünümü karamsar

Gold 10 data 27th June, Fitch’s subsidiary BMI analyst said that stubborn inflation may prompt the Reserve Bank of New Zealand to reduce or delay interest rate cuts. The analyst expects a 50 basis point cut in 2024, but if the inflation rate remains high, the rate cut may be smaller than expected or delayed until 2025. “This may have a negative impact on consumer spending and business investment,” BMI said in a report. New Zealand’s inflation rate in the first quarter fell to the lowest level since the second quarter of 2021, but it is still above the central bank’s target range of 1.0%-3.0%. BMI believes that the inflation rate will not fall below 3.0% until the end of 2024.