{"id":58629,"date":"2025-10-03T18:19:18","date_gmt":"2025-10-03T18:19:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/58629\/"},"modified":"2025-10-03T18:19:18","modified_gmt":"2025-10-03T18:19:18","slug":"inflation-is-expected-to-increase-slightly","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/58629\/","title":{"rendered":"Inflation is expected to increase slightly"},"content":{"rendered":"<p><a href=\"https:\/\/www.fxstreet.com\/macroeconomics\/central-banks\/boe\" data-fxs-autoanchor=\"\" rel=\"nofollow noopener\" target=\"_blank\">Bank of England<\/a> Deputy Governor Dave Ramsden noted that the UK\u2019s disinflationary trend has stalled, cautioning that inflation could edge slightly higher before peaking<\/p>\n<p>Key Quotes<\/p>\n<p>We have had substantial disinflation until recently.<\/p>\n<p>We expect inflation to increase slightly further, but that will then be the peak.<\/p>\n<p>We have seen the labour market continue to loosen, with wage growth normalising.<\/p>\n<p>I see loosening in the labour market as anchoring the inflation outlook for me.<\/p>\n<p>Important to note the salience of food prices for household inflation expectations.<\/p>\n<p>Household inflation expectations appear to be more sensitive to food prices since 2022.<\/p>\n<p>I do remain confident we will get inflation back to target with current restrictive rates and market expectations.<\/p>\n<p>I have been surprised how long it has taken for wage-setting behaviour to get back in line.<\/p>\n<p>Cannot rule out that there are some structural problems in the labour market.<\/p>\n<p>I see scope for further removal of policy restraint.<\/p>\n","protected":false},"excerpt":{"rendered":"Bank of England Deputy Governor Dave Ramsden noted that the UK\u2019s disinflationary trend has stalled, cautioning that inflation&hellip;\n","protected":false},"author":2,"featured_media":58630,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-58629","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/58629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=58629"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/58629\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/58630"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=58629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=58629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=58629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}