RBNZ confident monetary policy tightening is working
Chief economist Paul Conway says further hikes likely as RBNZ goes to war with inflation.
RBNZ chief economist Paul Conway speaks with Jonathan Mitchell.
The Reserve Bank wants to get inflation “back in its box” as quickly as possible and believes monetary policy is working, its chief economist says.
Last week, the RBNZ lifted the official cash rate by 50 basis points to hit 3%, the highest in seven years, to no surprise to many analysts.
Paul
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