RBNZ chief economist Conway stated that cost pressures linked to the Middle East could affect inflation.

The entities involved

• Reserve Bank of New Zealand →

  central bank of New Zealand

  • The Reserve Bank of New Zealand is responsible for monetary policy in New Zealand.Sun 22:35
  • Anna Breman serves as the Reserve Bank of New Zealand Governor and committee member, while the bank targets inflation.Thu 04:09
• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • Attacks on shipping and energy infrastructure intensified in the Middle East, causing higher oil prices and weighing on equity markets.12:48
  • Peace talks between the US and Iran are underway in Switzerland, focusing on a potential Lebanese border ceasefire and maritime access through the Strait of Hormuz.12:43
• Conway →

  city in and county seat of Horry County, South Carolina, United States

  Nothing else this week.

Related events

• Westpac is providing key inflation trend data to the RBA, influenced by the widening impact of the Iran conflict on the broader Australian economy.Jun 7
• The Middle East conflict is driving inflation, with budget outcomes released involving Chalmers and Gallagher.Sep 28
• HSBC, led by Janet Henry, is tracking inflation forecasts, noting that Middle East escalation is driving global inflation concerns.Thu 12:11
• The Middle East conflict is driving up fuel costs and worsening inflation, prompting the RBA to raise interest rates.Oct 7