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Politics
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RBNZ’s Orr mulls ‘nightmare’ deflation, recession risks

RBNZ governor says bank took a ‘least regrets’ approach to monetary policy.

Brent Edwards Tue, 19 Apr 2022

Reserve Bank governor Adrian Orr has highlighted the challenge the bank faces in trying to rein in inflation without creating a recession.

Orr told an IMF webinar that central banks around the world were facing high and sustained inflation. They had to keep inflation under control in the context

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RBNZ’s Orr mulls ‘nightmare’ deflation, recession risks
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