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RBNZ Confident In Returning Inflation To More Acceptable Levels

NEW ZEALAND

RBNZ'S Orr Gives Speech To Waikato University Economics Forum:

  • Aim to get on top of inflation pressures quickly
  • Aim to prevent need for even higher rates in future
  • We were one of the first to begin removing stimulus
  • Taking foot off accelerator as quickly as possible
  • Bulk of fiscal impulse is behind us
  • House prices well above sustainable level
  • Confident we'll return inflation to more acceptable levels (All BBG)

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