Breman Warns of Inflation Risks Ahead of RBNZ Rate Hike
According to Reserve Bank of New Zealand (RBNZ) Assistant Governor Christian Breman, there are risks that inflation overshoots forecasts. This warning comes as the RBNZ is set to raise interest rates in its upcoming meeting.
Breman did not specify what these risks entail or how severe they may be. However, his comments suggest that policymakers are aware of potential pitfalls and will take a cautious approach when making decisions.