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Higher inflation expectations may make price pressures stick – RBNZ economist

RBNZ chief economist warns higher inflation expectations could lead to sticky price pressures, impacting the economy.

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Editorial Team
July 14, 2026
1 min read
Premium Jenée Tibshraeny Wellington Business Editor · NZ Herald · 14 Jul, 2026 05:13 AM 4 mins to read ‌ Reserve Bank chief economist Paul Conway speaks almost a week after the first OCR hike in three years. Photo / Mark Mitchell Reserve Bank chief economist Paul Conway is laser-focused on ensuring people don’t start expecting inflation to be above target in the future. If they do, he fears businesses could hike prices too much, causing a bigger inflationary problem that is painful to get on top of. Conway is

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Inflation Expectations: RBNZ Economist Warns of Price Pressures | NewsLive