Orr signals he's comfortable with overshooting his inflation target
An OCR cut is becoming less likely.
Jenny Ruth Thu, 08 Nov 2018
The biggest change in the latest Reserve Bank forecasts are that it is now expecting near-term inflation to overshoot the middle of its 1-3% target but it has left its expected official cash rate (OCR) projections unchanged.
Reserve Bank governor Adrian Orr says he expects the OCR to remain at
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