RBNZ’s Orr mulls ‘nightmare’ deflation, recession risks
RBNZ governor says bank took a ‘least regrets’ approach to monetary policy.
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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