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Well Down The Tightening Path


RBNZ Governor Orr notes that new shocks are arriving all the time, while stressing the Bank is well down the path on the current tightening cycle after starting well below neutral levels. He was questioned on his willingness to do whatever it takes to combat inflation and whether he would be willing to provide a deeper than projected economic contraction.

MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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