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RBNZ Governor Orr says he is confident that inflation pressure is lessening

RBNZ Governor Orr says he is confident that inflation pressure is lessening
Reserve Bank of New Zealand official, including Governor Orr and Chief Economis COnway are appearing before a parliamentary committee, parliament's Finance and Expenditure Committee.Orr:Confident that inflation pressures are easingEconomy is going through a necessary slowdownexpects the current account deficit to narrowConway:sees a significant downturn ahead for the construction industryconfident that current cash rate settings are restrictive---There is more to come from RBNZ officials in the... Read More
Posted: Aug 16 2023, 20:45
Author Name: forexlive
Views: 102172

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