Kiwis Get Another Rate Hike, Despite Oil Price Falls!

Specifically, recent energy cost increases could still flow through to consumer prices, Non-tradable inflation remains high, with the risk that administered (i.e. government-set) price inflation could remain strong, Firms could become more sensitive to cost increases against a backdrop of elevated inflation and lift prices in response; Firms might also be inclined to slip through … Continue reading "Kiwis Get Another Rate Hike, Despite Oil Price Falls!"