James Glynn

James Glynn SYDNEY—New Zealand consumer prices jumped in the second quarter on the back of surging fuel costs, deepening fears that interest rates will need to rise significantly in coming months.

James Glynn Anna Breman, the governor of the Reserve Bank of New Zealand, has been keen to impress on financial markets and central bank

Economists suggest the Reserve Bank of New Zealand can afford to move cautiously, balancing the needs of an economy ripe for recovery with a clear desire to get inflation under control.

Reserve Bank of Australia Gov. Michele Bullock warned that inflation remains too high, adding that further interest-rate increases can’t be ruled out.

SYDNEY—Reserve Bank of Australia Gov. Michele Bullock warned on Tuesday that inflation remains too high, adding that further interest-rate increases can't be ruled out.

SYDNEY—Australian consumer prices rose by less than expected in the second quarter, easing pressure on the Reserve Bank of Australia to deliver what would be its fourth rate increase this year at a policy meeting next month.

Australia’s central bank continued to warn that inflation remains too high, especially against the backdrop of war in the Middle East.

SYDNEY—The Reserve Bank of Australia left interest rates unchanged on Tuesday but continued to warn that inflation remains too high, especially against the backdrop of war in the Middle East.

SYDNEY—Money markets should have little confidence that the Reserve Bank of Australia is finished raising interest rates.

Gov. Michele Bullock appeared determined to challenge the view in money markets that the Australian central bank is done raising rates after three increases earlier this year.