New Zealand 2-Year Inflation Expectations Edge Down to 2.28%

New Zealand’s two-year inflation expectations slipped to 2.28% for the third quarter, marginally below the 2.29% recorded in the previous survey. The reading, derived from the Reserve Bank of New Zealand’s regular survey of market participants, remains within the central bank’s 1%–3% target band and is closely monitored as a guide to future monetary policy.