NZ central bank’s Silk: Oct/Dec hike still possible, Dec more likely

This reinforces that the RBNZ sees the inflation fight as unfinished, with a December move now the base case rather than a near-term October surprise. For markets, it shifts the focus to how much tightening is already priced in for the fourth quarter and whether the central bank's messaging becomes more hawkish as data unfolds. The key signal to watch is whether the Bank's language hardens into a clear commitment to a December hike, which would sharpen rate expectations and could influence broader risk sentiment in the kiwi and local rates.