New Zealand’s central bank said inflation expectations have declined because current oil futures pricing is significantly below the assumptions used in its May statement.
According to Jin10, the central bank attributed the recent drop in inflation expectations to the gap between current oil futures pricing and the oil price assumptions referenced in the May statement.
New Zealand Central Bank Says Inflation Expectations Have Fallen as Oil Futures Pricing Drops Below May Assumptions
2026-07-08 02:08:10
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