ANZ Inflation Rate Hikes
New Zealand inflation hits 4.1% validating RBNZ hikes while Australian brokers downgrade earnings on RBA rate fears amid oil price spikes.
Get a push when something new happens here — high-importance only.
- Velocity3.0/day
- Sources2
- Markets5
- DATANew Zealand inflation hits 4.1%, reinforcing RBNZ's hawkish pivot
June CPI data lands above the target band, validating the central bank's first rate hike in three years and signaling that the tightening cycle is far from over.
Nzherald - DATANew Zealand business confidence rebounds 19 points as inflation hopes return
Firms signal recovery from earlier geopolitical shock, aligning with broader stabilization trends across advanced economies.
Nzherald - MARKETASX sectors face broad downgrade cycle as oil spike fuels RBA rate hike fears
Broker profit forecasts are being cut across all 11 Australian market sectors ahead of August reporting, driven by concerns that surging oil prices will force a fourth Reserve Bank of Australia rate increase.
Afr