RBNZ Survey: NZ inflation expectations rise further in Q1, Kiwi firmer

New Zealand's (NZ) inflation expectations accelerated further across the time horizon in the first quarter of 2021, the latest monetary conditions survey conducted by Reserve Bank of New Zealand (RBNZ) showed on Tuesday.

Two-year inflation expectations, seen as the time frame when RBNZ policy action will filter through to prices, rose to 1.89% from 1.59% last.

New Zealand RBNZ Inflation Expectations (QoQ): 1.89% (1Q) vs 1.59%

New Zealand RBNZ Inflation Expectations (QoQ): 1.89% (1Q) vs 1.59%
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Dollar Index trades hovers below 91 on stimulus expectations

The dollar index (DXY), which tracks the greenback's value against majors, is on the defensive below 91.00, having dropped for the second straight tra
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