• RBNZ governor Orr: Want the OCR unambiguously above neutral

Market news

19 August 2022

RBNZ governor Orr: Want the OCR unambiguously above neutral

The Reserve Bank of New Zealand's governor Adrian Orr is crossing the wires and has said that he wants the OCR unambiguously above neutral.

Key comments

Domestic demand is running too fast.

Labour resources are acutely scarce.

More to come...

 

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.