RBNZ Governor Anna Breman warned that the Middle East conflict is likely to push New Zealand’s economy into a more challenging environment of higher inflation and weaker growth. Speaking today, she said policymakers expect “higher headline inflation over the near term, and somewhat weaker growth momentum,” highlighting the stagflationary nature of the shock stemming from […]The post RBNZ’s Breman warns of inflation spike but cautions against overreaction appeared first on ActionForex.