RBNZ Orr: We don’t feel a rush to be changing rates anytime soon

In a Bloomberg TV interview, RBNZ Governor Adrian Orr indicated that a forthcoming mild recession is the “bare minium” for New Zealand, as “demand has been well outstripping the pace of the supply capacity.” “We need to see subdued consumer spending, business investment and government constraints on spending, these are a critical part of the […]

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