RBNZ Orr says Bank's cash rate projections for next 2 years deviate little from 5.5%

Reserve Bank of New Zealand Governor Orr is speaking

  • says the Bank has time to watch and wait (and worry!) on interest rates
  • there are too many uncertainties to provide forward guidance
  • is convinced the Bank is being restrictive with its policy over the next 1 to 2 years
RBNZ

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