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Reserve Bank of New ZealandSpeechEN

oil shocks, price setting, and the path back to 2% inflation

SPEAKERFinding signal in the inflation noise

PUBLISHED14/07/2026, 00:00:00
EVENT / LOCATIONNot stated

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Upcoming events

Finding signal in the inflation noise: oil shocks, price setting, and the path back to 2% inflation

A speech by Chief Economist Paul Conway.

Past Event

Tuesday, 14 July 2026

to

Tuesday, 14 July 2026

9:30 am - 11:30 am

BusinessNZ NTT, 13/157 Lambton Quay, Wellington

About the speech

In this speech, Mr Conway will explore how the recent Middle East conflict and resulting oil shock are likely to influence inflation over the coming years, even if the immediate conflict has been resolved. He will also share findings from our recent research on how rising costs shape business and household inflation expectations, and how these expectations influence price-setting behaviour across the economy.

This speech will be part of an economic update following the 8 July Monetary Policy Review. There will be no new policy announcements.

About the event

Finding signal in the inflation noise

PDF | 2MB

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Download the presentation slides

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Media contact

Hamish Glenn

Engagement Advisor

[email protected]

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