Reserve Bank of New Zealand Governor Anna Breman warned that sustained increases in global oil prices could push near-term inflation somewhat above the central bank’s September forecast. She said the recovery was expected to strengthen and broaden, supported by exports and gradually rising household spending, but significant risks remained. The RBNZ raised its main cash rate by a quarter point to 2.75% at its September meeting and projected a more gradual pace of further tightening than many financial-market participants had expected. It forecast consumer-price inflation would ease to 3.9% in the September quarter from 4.1% in the previous quarter. Breman said policymakers would assess incoming data and global developments before their next decision on Oct. 28. Markets imply a 75% chance of a further increase to 3%.