Economic calendar in Asia Wednesday, 14 February 2024 - not a lot

It's a quiet economic calendar for the session ahead. If you are reading this post its probably a bit of a disappointment, but ...

It pays to keep an eye on New Zealand. Last week we had a heads up from one of the banks there tipping a Reserve Bank of New Zealand (RBNZ) rate hike ahead, and indeed senior officials from the RBNZ have been hitting the talking circuit warning on sticky high inflation. Yesterday they got some encouraging news:

• New Zealand inflation expectations Q1 2024: 2 year at 2.5% (2.76% prior)

But they aren't out of the woods yet:

• RBNZ unlikely to hike its cash rate this year, and 'forget about easings' too

I wondered aloud if there could be wider implications or if it was a local NZ thing. The US CPI data on Tuesday, which came in higher than all expectations, has me continuing to wonder ...

• Fed cut odds plunge after hot CPI report

• This snapshot from the ForexLive economic data calendar, access it here.
• The times in the left-most column are GMT.
• The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.