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Orr Flags 25bp Steps In OCR As Appropriate For Now

RBNZ

RBNZ Governor Orr stresses the "for now" part of the below passage points to a constant assessment of matters when questioned if future OCR hikes would be in 25bp increments:

  • "The Committee judged that considered steps in the OCR were the most appropriate way to continue reducing monetary stimulus for now."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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