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NZ Survey of Expectations – May 2025
Expectations for one-year-ahead annual Consumers Price Index (CPI) inflation increased by 82 basis points from 2.59% to 3.41%. Two-year-ahead inflation expectations increased by 16 basis points from 2.37% to 2.53%. Five-year-ahead inflation expectations decreased by 9 basis points from 2.31% to 2.22%. Ten-yearahead inflation expectations decreased by 11 basis points from 2.30% to 2.19%. • The mean expectation for the Official Cash Rate (OCR) at the end of June 2026 quarter was 2.34%. One-yearahead OCR expectations increased by 43 basis points from 2.58% to 3.01%. • One-year-ahead unemployment rate expectations ... (full story)
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From upi.com|May 12, 2026|7 commentsThe cost of the United States' war against Iran has reached $29 billion since it began on Feb. 29, a top Pentagon official told Congress Tuesday. Acting Defense Department ...
From interest.co.nz|May 12, 2026|1 commentRisk sentiment is weaker, with hope fading for a US-Iran peace deal, higher US CPI inflation, bubbling political risk in the UK and a chunky fall in semiconductor stocks all ...
From oilprice.com|May 12, 2026A recent Bank of Canada Market Participants Survey has flagged geopolitical and trade tensions as the biggest risks facing the Canadian economy. Leading the downside are ...
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From @realDonaldTrump|May 12, 2026|25 comments
CNBC incorrectly reported that the Great Jensen Huang, of Nvidia, was not invited to the incredible gathering of the World’s Greatest Businessmen/women proudly going to China. In actuality, Jensen is currently on Air Force One and, unless I ask him to leave, which is highly unlikely, CNBC’s reporting is incorrect or, as they say in politics, FAKE NEWS! It is an Honor to have Jensen, Elon, Tim Apple, Larry Fink, Stephen Schwarzmann, Kelly Ortberg (Boeing), Brian Sikes (Cargill), Jane Fraser (Citi), Larry Culp (GE Aerospace), David Solomon (Goldman Sachs), Sanjay Mehrotra (Micron), Cristiano Amon (Qualcomm), and many others journeying to the Great Country of China where I will be asking President Xi, a Leader of extraordinary distinction, to “open up” China so that these brilliant people can work their magic, and help bring the People’s Republic to an even higher level! In fact, I promise, that when we are together, which will be in a matter of hours, I will make that my very first request. I have never seen or heard of any idea that would be more beneficial to our incredible Countries! President DONALD J. TRUMP
From forex.com|May 12, 2026The US dollar strengthened after hotter-than-expected US inflation data lifted Treasury yields and revived concerns that inflationary pressures may remain sticky. That pushed ...
From @zerohedge|May 12, 2026|2 comments*CHINA-FLAGGED CRUDE SUPERTANKER MAKES HORMUZ EXIT ATTEMPT: DATA
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