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The Reserve Bank says it's still unclear what today's Iran ceasefire announcement - and resulting dramatic fall in oil prices - mean for New Zealand.
The central bank's held the Official Cash Rate unchanged, at 2.25 percent.
It's working off the assumption inflation will surge to 4.2 percent this quarter.
NZ Herald Wellington business editor Jenee Tibshraeny explained further.
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Both US President Donald Trump and Iran have portrayed the last minute ceasefire deal as a victory for their nations.
The nations accepted Pakistan's proposal to pause fighting two weeks and Iran's agreed to reopen the Strait of Hormuz.
Milford Asset Management expert Brendan Larsen says shares in the US, Australia and New Zealand have gone up off the back of the news.
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AI is taking up a significant role in New Zealand's employment operations, and one Kiwi company has opened up about the process.
Employment Hero, which specialises in recruitment software, has revealed that AI has screened tens of thousands of CVs each month and overseen 1000 job interviews in March.
Employment Hero's Neil Webster says business owners have revealed prospective employees have also used AI in the recruitment process - and hiring managers will manually check any candidate that seems promising.
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The two residents of Australia's smallest town have decided to sell up and move on.
Cooladdi is a nine-hour drive west of Brisbane, and the new owner will be expected to keep busy - working as a postie, publican, motelier, restaurateur and shopkeeper.
One of Cooladdi's residents, Carol Yarrow, says the town is on Australia's longest road, and it sees lots of people come through every day.
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The Reserve Bank says there are still plenty of unknowns, after today's Iran ceasefire announcement and resultant oil price drop.
It's held the Official Cash Rate at 2.25 percent, but is forecasting inflation could surge to 4.2 percent this quarter.
Governor Anna Breman says that figure could be much lower if things settle in the Middle East.
But she says if not, fuel costs could rise more, pushing inflation even higher.
"The worst case scenario is that firms that are already squeezed feel like they have to pass these costs onto consumers, and that we see inflation getting embedded into the economy."
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