U.S. President Trump said two major earthquakes in Venezuela caused heavy casualties.

Westpac expects the RBNZ to begin raising the OCR in September but to deliver only one further hike through year‑end. It cites an early resolution of the Iran conflict as weakening the inflation outlook and bringing forward the recovery, reducing the need for aggressive tightening. Westpac now forecasts an OCR peak of 4.00% at end‑2027, easing to a neutral 3.75% by end‑2028; it had previously forecast a 4.25% peak. The bank says this implies one fewer hike than its most recent forecast but one more than its pre‑conflict projection.

日本央行審議委員田村直樹：由於企業定價行爲的變化，外匯波動對通脹的影響比過去更大。