新西兰储备银行的布雷曼相信通货膨胀将恢复到目标水平，政策不在预设路径上。新西兰储备银行行长Anna Breman在讲话中表示，尽管目前的通胀率为3.1%，但央行仍然相信通胀将恢复到目标水平。她预计，第一季度通货膨胀率将回落到1-3%的区间内，并在12个月内趋于2%的中点。

RBNZ's Breman confident inflation will return to target, policy not on preset path.RBNZ Governor Anna Breman said in speech that the central bank remains confident inflation will return to target despite its current 3.1% reading. She expects inflation to move back inside the 1–3% band in the first quarter and ease toward the 2% midpoint over the 12 months.

对鸽派RBNZ的反思。新西兰储备银行2月份的经济前景喜忧参半。这意味着OCR提前开始上调的门槛更高，汇率也倾向于走弱。

Reflecting on a Dovish RBNZ.The RBNZ's February economic outlook was a mix of optimism and pessimism. The implications are a higher bar for an early start to OCR increases and a bias towards a weaker exchange rate.

1月份新西兰贸易差额NZD（月环比）高于预测（-7.45亿美元）：实际（-5.19亿美元）。1月份新西兰贸易差额NZD（月环比）高于预测（-7.45亿美元）：实际（-5.19亿美元）

New Zealand Trade Balance NZD (MoM) above forecasts ($-745M) in January: Actual ($-519M).New Zealand Trade Balance NZD (MoM) above forecasts ($-745M) in January: Actual ($-519M)

新西兰2026年1月贸易数据，进出口规模不如12月。新西兰2026年1月国际贸易数据。新西兰元/美元在这方面没有太大变化，约为0.5975。

New Zealand January 2026 trade data, exports and imports not as large as in December.New Zealand January 2026 international trade data. NZD/USD not a lot changed on this, around 0.5975.