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Orr: Tightening Cycle Is Very Mature

RBNZ
  • Bloomberg reports RBNZ Governor Orr saying we still have some work to do with rates but also that the tightening cycle is very mature.
  • It comes from the first of the G10 central banks to begin its hiking cycle and will be watched for signs of a pivot away from hikes.
  • Other headlines:

*RBNZ'S ORR SAYS DEMAND WILL BE SLOWING

*RBNZ'S ORR: ECONOMY HAS COME THROUGH TURBULENCE EXTREMELY WELL
*RBNZ'S ORR: MOST CURRENCIES ARE FALLING VS US DOLLAR

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