Get Ready to Chillax: RBNZ Might Ease Up on Rates in 2023, But Don’t Hold Your Breath Until 2024!
Hey there, Money Makers! Let’s Talk New Zealand Inflation Data So, yesterday, we got hit with some surprising news about New Zealand’s Q1 CPI. It came in at 1.2% q/q, which was below the expected 1.7%. The RBNZ inflation measure for Q1 2023 was 5.7% y/y, down from the previous 5.8%. Naturally, the NZD took…