New Zealand consumer confidence up in September, inflation expectations down

<p>ANZ's survey of consumer confidence for September 2023 comes in at 86.4</p><ul><li>prior 85.4</li></ul><p>As part of the survey ANZ assesses consumer inflation expectations. Two-year ahead expectation came in at 4.2%</p><ul><li>prior 4.6%</li><li>lowest reading since March of 2021</li></ul><p>—</p><p>Note that the Reserve Bank of New Zealand meet next week. An on-hold decision is a near unanimous expectation. </p><ul><li><a href="https://www.forexlive.com/centralbank/anz-expect-a-more-hawkish-tone-from-the-reserve-bank-of-new-zealand-next-week-20230926/" target="_blank" rel="follow" data-article-link="true">ANZ expect a more hawkish tone from the Reserve Bank of New Zealand next week</a></li><li> expect the RBNZ to keep the OCR unchanged at 5.5% at next week’s Monetary Policy Review (MPR), while striking a more hawkish tone.</li></ul>

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