Tighter monetary policy is not a done deal, says Orr
The Reserve Bank still has the option of cutting OCR if Covid economic shock re-emerges.
Brent Edwards
Thu, 27 May 2021
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Rich List
Reserve Bank governor Adrian Orr has warned that if international supply chain problems dog New Zealand for longer than expected and/or the country goes into lockdown again, monetary policy will be eased further.
While the bank is projecting it will be in a position to start tightening monetary
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Brent Edwards
Thu, 27 May 2021
Contact the Writer: brent@nbr.co.nz
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Tighter monetary policy is not a done deal, says Orr
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