RBNZ survey shows household 2-year inflation expectations rising to 3.2% (prior 3.0%)

This will keep chatter of a potential RBNZ rate hike next week on the simmer.

The 2-year is what the RBNZ will be looking at as it views this time horizon as key for the transmission of changes in monetary policy

Earlier previews of what to expect from the Reserve Bank of New Zealand on February 28:

• RBNZ meet next week, their bark is likely to be worse than their bite - no hike expected
• ANZ says the RBNZ has no tolerance for delays in the return of inflation to target