• RBNZ's Orr: Core inflation is too high, expectations elevated

Noticias del mercado

22 febrero 2023

RBNZ's Orr: Core inflation is too high, expectations elevated

The Reserve Bank of New Zealand's governor, Adrian Orr has said that core inflation is too high and that expectations are elevated.

The top central banker is speaking at the Finance and Expenditure Committee on points related to the February Monetary Policy Statement.

Key notes

  • Rebuild activity may add to inflationary pressure.
  • Monetary conditions need to tighten further.

More to come...

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