Cheap oil in recent years and the tepid inflation environment has made life hard for New Zealand's Reserve Bank, which delayed cutting interest rates too aggressively for fear of stoking demand for an already hot property market.
She puts the odds of a in line outcome at 35%, with the prospect of a undershoot in core CPI - as was the case in the March quarter past year which led the RBA to cut interest rates twice over the following three months - at just 5%.
Fourth quarter inflation was weaker than expected amid a slump in the price of health care, transport and communications. "We expect underlying inflation to gradually climb from here as the recent rise in commodity prices boosts incomes and flows through to support for domestic wages and inflation".
The consumers price index rose 0.4% in the three months ended December 31 for an annual pace of 1.3%, Statistics NZ said. "Household price inflation is up from a historical low of 0.1% for the December 2015 year".
The Australian dollar has been one of the best performing currencies at the start of this year lifting the AUD/USD rate from around the 0.7200-level at the end of last year back towards the 0.7500-level around where it spent most of last year trading. The average of RBA's two core inflation measures has remained at around 1.6% throughout a year ago.
A woman says she and her parents were fortunate to escape with their lives as a storm destroyed their home in rural south Georgia. However, information on whether anyone there had been killed or injured is not available, nor is the cost of the damage.
According to the suit, Qualcomm even told Apple that Apple had forfeited nearly $1 billion in rebates by working with regulators. Qualcomm supplies the LTE modems used in Apple's line of iPhones, and up until 2016, the company was Apple's sole supplier.
Rescuers had concentrated on areas where people could have been huddled in air pockets formed by partially collapsed walls. Four earthquakes above magnitude five rocked central Italy on Wednesday, with tremors continuing into the night.
Hollywood action star Vin Diesel has shared a photo of Deepika Padukone in which the duo can be seen enjoying chai together. It was optional, but the Orange Is The New Black star knew she wanted to keep up with Diesel and do her own stunts.
Every day in the United Kingdom nine women are diagnosed with cervical cancer , and three women will die from the disease. Most cases are caused by sexually transmitted infections with human papillomavirus (HPV), for which there is a vaccine.
Existing home sales in the U.S. booked a weaker-than-expected December but saw their strongest year since 2006. First time buyers held steady, making up 32% of the market, the same as November of 2016 and December 2015.
The fourth round encounter against Gael Monfils could have tilted either way, but the determined Spaniard found a way to win. The second set began again with an unstoppable Roger Federer , who broke the serve to his rival with his utmost ease.
There are a lot of talking points to discuss but one key factor, for me, was the performance of Fernando Llorente. The lead was doubled in the 52nd minute as Llorente rose well to head home Gylfi Sigurdsson's inch ideal cross.
The original 3DS will not be supported, presumably as a result of the technical issues surrounding Hyrule Warriors Legends . Nintendo is still keeping things under wraps but promises that a brand new Fire Emblem game will be coming in 2018.
No. 24 seed Anastasia Pavlyuchenkova got past Russian countrywoman Natalia Vikhlyantseva 6-2, 6-2 in another second-round match. Stan Wawrinka, the 2014 victor , recovered from his tetchy five-setter with Martin Klizan to beat Steve Johnson 6-3, 6-4, 6-4.
What is Bell Let's Talk Day?
Lambton College is doing its part to join in on the mental health conversation. Her research has looked into the stigma surrounding mental illness.
Access to affordable health care is essential
A replacement for Obamacare would require 60 votes in Senate, which means some Democrats would have to get on board. Collins added, "I believe there has been a sea change in attitudes on how we should approach this dilemma".
'Challenged' Venus grabs hold of spot in quarterfinals
The American will need to serve well in this contest and her heavy groundstrokes should pose a problem for Strycova to deal with. Chasing a 23rd grand slam title, Williams has now reached at least the last 16 at Melbourne Park in her past 10 appearances.
Wolf 1061c could be the next habitable planet after Earth
As the Wolf 1061c is completely within the habitable zone of the star, the possibility of its support for alien life is high. Wolf 1061b orbits close to the parent star and is therefore very hot. "A planet that's too close would be too hot".
Is North Korea Planning a Long-Range Missile Launch?
In his New Year address, North Korean leader Kim Jong Un said Pyongyang was in the final stages of preparing to test an ICBM. It is also believed to have an upgraded version of the missile, known as the KN-14.
California Labor Market Ends 2016 On Down Note
For December's labor force, a total of 2,203,251 people were counted, up 8,588 from the number recorded in November. Over 90% of the cuts were in administrative and support services, which includes temporary search firms.
Tehran high-rise building collapses after fire
Local police officials have cordoned off the area and as this report is filed, more rescue personnel have been sent to the spot. A high-rise residential building in Tehran has collapsed after a blaze, Iranian state television reported Thursday.
Air Force to Launch Missile-Warning Satellite Tonight
The other two satellites that are already there are GEO-1 and GEO-2 launched in 2011 and 2013, respectively. ULA's coverage of the launch begins at 7:26PM ET, so check back then to watch the Atlas V take flight.
Officials not keen on bending the rules for Apple
Apple's Chief Executive Tim Cook met PM Modi last May to talk about its plans to enter the Indian manufacturing and retail space. Apple in a letter to India said that India needs to make an "attractive environment" for it to start manufacturing here.
LinkedIn overhauls its desktop website
It brings the social network in-line with its rivals, adopting a design that contains obvious parallels with Facebook and Twitter. LinkedIn, whose design has been criticized for years, showed off the design's capabilities in a video published today (below).
'Fire Emblem: Heroes' Running 'Choose Your Legends' Event
The Nintendo Direct presentation where the games were reported was considered the most fiery and emblematic one yet. The second title is the mobile smartphone game Fire Emblem Heroes and will be released for Android and iOS devices.