Reserve Bank New Zealand Governor Orr: Strong confidence inflation is back in 1 - 3% range

  • RBNZ on a rate cut cycle now

Orr is speaking in Wellington, New Zealand.

  • Says the Bank's Monetary Policy Committee has achieved a very strong level of confidence that low and stable inflation is back within 1 - 3 % range
  • I want to see inflation expectations and pricing intentions continue to remain anchored

NZD/USD is around 0.5986

RBNZ Orr
RBNZ Orr

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