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Orr: Will Revisit Data In Feb


Orr wouldn’t be drawn on specifics when it came to the potential size of any hike deployed when the RBNZ reconvenes in February. He noted that the Bank will revisit the data then, while pointing to a want to get to a point whereby it can “watch, worry & wait” about where inflation is going.

  • Orr also noted that NZ house prices are lightly over half-way through the RBNZ’s projected decline.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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