RBNZ Governor Bremen says more risk on inflation to the upside and inflation is expected to increase considerably in the near-term
RBNZ Governor Bremen's comments highlight increasing concerns about inflation, suggesting the bank may need to adopt a more hawkish stance if core prices continue to rise.
Disney (DIS) is reportedly planning layoffs under its new CEO with the Co. planning to cut as many as 1,000 positions in the coming weeks, according to WSJ
[CALENDAR ADDITION] BoJ Governor Ueda is to attend Upper House Finance Committee in parliament today at 05:15-05:40BST/00:15-00:40EDT
RBNZ Governor Bremen says more risk on inflation to the upside and inflation is expected to increase considerably in the near-term
[MARKET UPDATE] Asia-Pac stocks are lower in a mild pullback after the prior day's ceasefire-spurred bonanza
South Korea's Finance Minister comments that financial and FX market volatility has eased a bit
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
Says:
- Previous rate cuts are still providing some stimulus to the economy, and a swift resolution to the conflict is expected to yield stronger growth this year.
- RBNZ to ‘act decisively’ if core prices pick up.
This signals that recent rate cuts are still supportive of the economy, but any signs of accelerating inflation could prompt a decisive policy response, impacting New Zealand's monetary outlook and the NZD generally. Watch for potential shifts in fixed income markets as traders adjust their expectations for future rate movements.
Related headlines
- Newsquawk Daily US Opening News - 9th September 202612 hours ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates18 hours ago
- Newsqawk European Market Wrap - 9th September 20267 hours ago
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent12 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war18 hours ago
- Primer: US PPI due Thursday 10th September at 13:30BST/08:30EDT1 hour ago
- Primer: US to sell USD 39bln of 10-year notes at 18:00BST/13:00 EDT5 hours ago
- Germany to sell EUR 4.201bln vs exp. 5.5bln 3.00% 2036 Bund: b/c 1.47x (prev. 1.15x), average yield 3.39% (prev. 3.26%), retention 23.62% (prev. 37.2%)12 hours ago
- US Midterm Update: Latest Polymarket pricing puts Democratic sweep at 50%; Republican midterm 2-day convention to start tonight5 hours ago
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 8 hours ago
- RBI may conduct USD/INR buy-sell swap operations this month, traders suggest14 hours ago
- Newsquawk Daily European Equity Opening News - 9th September 202616 hours ago
- Newsquawk Daily European Opening News - 9th September 202616 hours ago
- [MARKET ANALYSIS] T-note futures are little changed after yesterday's indecisive mood and with key inflation data due later this week19 hours ago
- CNB Vice Governor Zamrazilova says there are no reasons for a rate change this month but sees upside risks to inflation, not committing to any future move11 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 3.02 HIGHER AT 96.05/BBL; BRENT (X6) SETTLES USD 3.29 HIGHER AT 101.21/BBL3 hours ago
- [MARKET ANALYSIS] Fixed falters once more as Brent takes USD 100/bbl, awaiting the Treasury buyback announcement12 hours ago
- FedEx (FDX) is to sell EUR denominated 4- and 8-year notes14 hours ago
- US President Trump says he thinks war with Iran will end immediately after the election3 hours ago
- US President Trump says after the election, oil prices will tumble lower; gasoline price will take a bit longer3 hours ago
The whole workspace, free to try.
Try it free