RBNZ Minutes: Further OCR Increases Likely At Upcoming Meetings, Though Timing Remains Highly Uncertain
Supply Chains Likely To Take Time To Adjust Amid Ongoing Geopolitical Uncertainty Near-Term Inflation Forecast Lower Due To Decline In Oil Futures Prices Since May Statement Future OCR Decisions To Depend On Price-Setting Behaviour And Excess Productive Capacity Financial Conditions Have Eased In Recent Weeks Headline