Westpac is forecasting a +50bp RBNZ rate hike in February

WPAC forecasting a 50bp Reserve Bank of New Zealand rate hike at the February meeting (22nd)

(not RBA, WPAC tip +25bpfor RBA on February 7)

Follows the inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term data from NZ earlier today:

New Zealand Q4 inflation 1.4% q/q (expected 1.3%) 7.2% y/y (expected 7.1%)

NZ Q4 CPI higher than expected. Later today the RBNZ releases its own CPI data, stay tuned

ANZ New Zealand revise forecasts for RBNZ rate hikes ahead - lower terminal rate seen

New Zealand analysts says "The world war on inflation is being won." RBNZ peak rate lower.

RBNZ's own CPI indicator 5.8% y/y (prior 5.6%) - this is its Sectoral Factor Model