RBNZ Governor Orr says events in Ukraine exacerbate upside inflation concerns

Reserve Bank of New Zealand Governor Orr adds:

• we are particularly concerned about inflation expectations
• says the Bank is keeping the option of moving rates more quickly if that is needed

Re the RBNZ from the middle of the week:

• RBNZ Governor Orr - says capacity pressures in the economy are tightening still
• NZD higher on the Reserve Bank of New Zealand's two notable hawkish surprises
• NZD marked higher on the RBNZ policy decision and statement
• NZD - RBNZ hikes cash rate by 25bps as expected