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RBNZ Orr: We are officially contractionary on policy

RBNZ Orr: We are officially contractionary on policy
  • we are officially contractionary on policy
  • we must reduce both actual and expected inflation
  • never before has labor been more scarce
  • the global economy has been impacted by significant shocks
  • financial system is resilient to rising unemployment
  • could be a job retreat session
  • biggest surprise since August is the persistence of global inflation, domestic price pressures
  • the quicker inflation expectations come down, less work RBNZ has... Read More
Posted: Nov 23 2022, 19:25
Author Name: forexlive
Views: 110575

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