RBNZ’s Orr stresses continued effort needed to anchor inflation expectations

In a forum today, RBNZ Governor Adrian Orr indicated that the central bank’s primary challenge lies in firmly anchoring inflation expectations around the 2% target, a goal that remains elusive despite significant progress. This “tail end” of the inflation fight, as Orr describes, requires meticulous attention to both “capacity pressures” within the economy and the […]

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