2014 Sep;17(9) 5 See Di Nino, Virginia, Kolndrekaj, Aleksandra and Meyler, Aidan (2022) What drives  inflation expectations of women and men? ECB Blog (europa.eu)  3/3  BIS - Central bankers' speeches
Markets were concerned about the loosening in fiscal policy, and became uneasy about the future direction of policy. This was reflected in a rise in long-term interest rates and a fall in the exchange rate, to which we responded by tightening monetary policy. Immediately, an editorial in New Zealand's largest daily paper noted that the Budget had "rekindled inflationary expectations.