New Zealand 2-year inflation expectations have dropped to 2.03% (prior2.3%) ...Middle East

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New Zealand 2-year inflation expectations have dropped to 2.03% (prior2.3%)
Reserve Bank of New Zealand:2-year Inflation Expectations Q3 2.03% prior 2.33%The two year horizon is the important one for the Reserve Bank of New Zealand, it views this as a reasonable time frame over which its policy changes impact.1-year 2.4%NZD/USD marked lower on the data, trading around 0.5992 This article was written by Eamonn Sheridan at www.forexlive.com.

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