According to Jinshi, institutional market analyst Krishna Kumar said that the Reserve Bank of New Zealand is expected to keep the interest rate unchanged at 5.50% as inflation remains a thorny issue. Domestic inflation in New Zealand is much higher than the comfort level of the Monetary Policy Committee, so the Reserve Bank of New Zealand may resist the market's expectations of a rate cut in October and reiterate that interest rates need to remain restrictive for "quite some time". The Reserve Bank of New Zealand is unlikely to make major adjustments to its policy rate expectations.