Monday's Dusk Chorus: Inflation expectations fall
Reserve Bank survey of 35 experts shows two-years-ahead expectations fell to almost 3%, giving the central bank a tiny bit more breathing space ahead of next week's OCR hike
TLDR: A Reserve Bank survey out this afternoon of 35 experts showed that two-years-ahead inflation expectations fell to almost 3% last month, giving the central bank a tiny bit more breathing space ahead of next week's OCR hike.
Also, there’s a big poll result out tonight and the Auditor General has sharply criticised the Three Waters reforms.
Keep reading with a 7-day free trial
Subscribe to The Kākā by Bernard Hickey to keep reading this post and get 7 days of free access to the full post archives.