RBNZ’s Breman Declines to Push Back on Rate-Hike Expectations

Reserve Bank of New Zealand Governor Anna Breman declined to push back against market expectations for an interest-rate hike this year, a shift in tone from comments she made just weeks ago.

“I won’t comment in that way on market pricing,” Breman, who began her five-year term at the helm of the RBNZ on Dec. 1, said in an interview Friday in Wellington. “The key point is that we take a holistic view of all the incoming data when we set policy in February.”