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United Kingdom BRC Shop Price Index (MoM) climbed from previous -2% to -1.8% in January

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RBNZ's Wheeler: May ease further if global outlook worsens

RBNZ's Wheeler is crossing the wires, noting that he may ease further if global outlook worsens. The comments is not a surprise, following the dovish statement from last week, which saw market participants re-price additional rate cuts for this year.
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RBNZ will draw on PTA flexibility

The Reserve Bank of New Zealand, as noted by Chief Mr. Wheeler today, will continue to draw on the flexibility contained in the PTA (Policy Targets Agreement) in managing economic risks and assessing monetary policy.
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