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Orr Says MonPol Has Run Its Easing Course Globally

RBNZ

RBNZ Governor Orr told an Institute of Financial Professionals conference that "we are going through a cyclical change at the moment," adding that "monetary policy has largely run its easing course globally. In the absence of another demand shock that outpaces supply, monetary policy easing has done as much as it can. That means we're going into a very different inflation and interest rate environment."

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