Reserve Bank of New Zealand:
2-year Inflation Expectations Q3 2.03%
prior 2.33%The two year horizon is the important one for the Reserve Bank of New Zealand, it views this as a reasonable time frame over which its policy changes impact.
1-year 2.4%
NZD/USD marked lower on the data, trading around 0.5992
This article was written by Eamonn Sheridan at www.forexlive.com.
