RBNZ Orr: Employment prospects will be increasingly compromised by monetary tightening

RBNZ Governor Adrian Orr said in a speech that New Zealand’s financial systems remains “well placed to support the economy”, but there will be “stresses in business and amongst households as interest rates and asset prices adjust”. Regarding monetary policy objective, he emphasized, “we have our eyes firmly focused on meeting our inflation target”. He […]

The post RBNZ Orr: Employment prospects will be increasingly compromised by monetary tightening appeared first on Action Forex.