Tighter monetary policy is not a done deal, says Orr
The Reserve Bank still has the option of cutting OCR if Covid economic shock re-emerges.
Brent Edwards
Thu, 27 May 2021
Hot Topic
Hawke’s Bay
Reserve Bank governor Adrian Orr has warned that if international supply chain problems dog New Zealand for longer than expected and/or the country goes into lockdown again, monetary policy will be eased further.
While the bank is projecting it will be in a position to start tightening monetary
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Brent Edwards
Thu, 27 May 2021
Contact the Writer: brent@nbr.co.nz
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Tighter monetary policy is not a done deal, says Orr
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