Cameron Bagrie
Cameron Bagrie
higher level oil prices shifted
International oil prices have shifted to a higher level permanently.
confidence critical economy element expect forward growth maintain recession remain
Confidence is a critical element if the economy is to maintain forward momentum. Expect growth to remain tepid but a recession to be averted.
mindful question relative risks
It's a question of relative risks and Bollard is more mindful of inflation. He will be comfortable with receding growth.
bank expected reaffirm reserve strength zealand
The Reserve Bank of New Zealand is expected to reaffirm its no-cut stance, cementing yield-related strength for a while yet.
clear highest inflation intentions late levels lift message monetary policy pressure pricing remain represents since warning
The lift in pricing intentions to their highest levels since late 2000 represents a clear warning shot. The message is one of pricing pressure and inflation risks. Monetary policy will remain in a restrictive stance.
bank comfort housing market reserve slowing
The housing market is not slowing sufficiently to comfort the Reserve Bank of New Zealand.
dollar implicit message needs
The implicit message is that the U.S. dollar needs to go down.
economy economy-and-economics far
The economy is far from being on the ropes.