RBNZ Chief Economist says the Bank is hopeful that inflation has peaked

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RBNZ Chief Economist says the Bank is hopeful that inflation has peaked

<p>Reserve Bank of New Zealand Chief economist Conway:</p><ul><li>As interest rates have risen, there are early indications that the economy is cooling</li><li>The fall in house prices is expected to slow consumption</li><li>Era of helpful tradeable inflation may have peaked</li><li>The RBNZ underestimated the strength of tradable inflation</li><li>China is no longer the deflationary force it once was</li></ul><p>NZD/USD update:</p>

                This article was written by Eamonn Sheridan at forexlive.com.

Source: RBNZ Chief Economist says the Bank is hopeful that inflation has peaked

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