date:May 15, 2014
ned inflation environment, Christina Leung, an ASB economist said in a note. We expect rising inflation pressures will become more apparent later next year when the dampening influence of the high New Zealand dollar lessens, and economic activity ramps up and underpins a lift in underlying inflation.
Last week, Governor Wheeler signalled rate rises may not be as regular as previously assumed if the exchange rate remains strong. The high kiwi dollar weakens tradables inflation and would be a fac