New Zealand data - Q4 PPI rises ...Middle East

New Zealand PPIs for Q4 2023 came in under the Q3 rises. The Reserve Bank of New Zealand meet on 28 February and expectations are rising for an interest rate hike:ANZ says the RBNZ has no tolerance for delays in the return of inflation to targetA hike is not the consensus view. The lower PPI results will be some comfort to the RBNZ. This article was written by Eamonn Sheridan at www.forexlive.com.

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