RBNZ's Breman says further hikes may extend to restrictive territory
RBNZ Governor Breman said further rate hikes are likely and may reach restrictive territory, citing NZ dollar weakness and imported inflation.
37 min ago16 min read
ECB's Lane warns energy cost persistence could curb spending
ECB's Lane warns sustained energy price increases may curb autumn consumption. Odds of consecutive ECB rate hikes are slightly over 50%.
11/09/2026 17:412 min read
Lane stated that if the climb in energy costs continues, it may affect spending in the autumn, but the situation remains uncertain.
The approach taken suggests the burden of proof is now aimed at negative outcomes. Central bankers often factor in some weakness in non-energy spending during price surges, but ECB President Lagarde this week highlighted that the economy and consumption have proven resilient.
The question now is whether the ECB will raise rates in consecutive meetings, with current odds slightly above 50%.
More comments:
- Wages have not reacted strongly to the energy shock
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