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Politics
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Reserve Bank has no regrets over its Covid monetary policy conduct

But Act leader David Seymour accuses it of a ‘woeful level of accountability’.

Brent Edwards Thu, 24 Feb 2022

Reserve Bank governor Adrian Orr has acknowledged it is a challenge for the bank to make the right monetary response to rising inflation.

Yesterday the bank raising its official cash rate from 0.75% to 1% and signalled it will go above 3% by 2024. 

At Parliament’s Finance and Expenditure

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Contact the Writer: brent@nbr.co.nz
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Reserve Bank has no regrets over its Covid monetary policy conduct
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