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RBNZ Governor Orr trimming monetary policy restraint is appropriate now

Started by forex4you, Aug 15, 2024, 07:25 am

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RBNZ Governor Orr trimming monetary policy restraint is appropriate now

Reserve Bank of New Zealand Governor Orr spoke in a TV interview, basically repeating what he has been saying since the meeting yesterday.

In a nutshell:

  • to proceed with caution in adjusting interest rates
  • price behaviour is in line with low inflation
  • removing monetary policy restraint is appropriate for the time being

Earlier today:

Yesterday from the RBNZ and Orr:



                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: RBNZ Governor Orr trimming monetary policy restraint is appropriate now

forexlive.com
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