This post was originally published on this site. 90% of economists expect RBNZ hike on September 2, poll shows Yen weakness back in focus as Katayama, Ueda head to G20 meeting Jackson Hole preview: Fed Chair Warsh likely to skip September and December rate signals China’s planner accelerates infrastructure and private investment push Preview: Inflation and growth strength point to further RBNZ tightening, BNZ says US to press G20 on growth, imbalances and Iran sanctions at Asheville talks Goldman: Gulf oil flows recovering but still well below pre-war levels PBOC sets USD/ CNY reference rate for today at 6.7811 (vs....

This post was originally published on this site.With 27 of 31 economists expecting a September hike, the move itself carries little surprise value, keeping focus on the pace and scale of further tightening. The wide dispersion in end-2027 forecasts, ranging from 2.50% to 4.00%, points to genuine uncertainty over how far this cycle ultimately runs, with Westpac and BNZ at the hawkish end anticipating 4.00% against ANZ’s more moderate 3.00% call. A softer than expected housing market, with prices seen broadly flat this year, may offer some counterweight to inflation concerns, but signs of economic recovery, including expected growth resuming...