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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessWestpac Look For CPI Readings To Reinforce Recent Rise In OIS
Westpac estimate “that consumer prices rose by 1.8% in the September quarter. While that would see the annual inflation rate slipping from 7.3% last quarter to 6.9%, we’re still left with a picture of rapid increases in consumer prices.”
- “The September quarter saw large increases in food prices and housing related costs. Those increases were only partially offset by the easing in fuel prices.”
- “Measures of core inflation are expected to remain elevated reflecting the strong and widespread price pressures rippling through the economy.”
- “Our forecast is higher than the RBNZ’s last published forecast. A result in line with our forecast would reinforce the recent rise in market pricing for the OCR.”
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.