- RBNZ’s Orr: Committee very confident forward indicators show inflation back within target
Market news
16 August 2024
RBNZ’s Orr: Committee very confident forward indicators show inflation back within target
Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr commented on the bank’s inflation outlook during his speech on Friday.
Orr said, “Committee has achieved a very strong level of confidence that forward indicators showed low and stable inflation is back within 1% and 3%.”
“I want to see inflation expectations, pricing intentions continue to remain anchored,” the Governor added.
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