Friday , 20 September 2024
Home Forex RBNZ Gov. Orr says the Bank can begin easing before inflation comes down to 2%
Forex

RBNZ Gov. Orr says the Bank can begin easing before inflation comes down to 2%

Orr speaking a Bloomberg TV interview

  • Can start to ease before inflation hits 2%
  • Don’t want to risk inflation expectations blowout
  • Our patience on
    inflation hasn’t run out
  • No one piece of data that policy will hinge on

Earlier:

Yesterday’s policy decision and press conference:

NZD/USD update:

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

PBOC is expected to set the USD/CNY reference rate at 7.0637 – Reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The...

ICYMI – China’s state planner promises more stimulus (describes as ‘incremental’)

The National Development and Reform Commission of the People's Republic of China...

Japan data – August CPI Headline +3.0% y/y (vs. 3.0% expected)

Japanese CPI Overall 3.0% y/yexpected 3.0%, prior 2.8%Core CPI (excluding fresh food)...

UK consumer confidence September: -20 (vs. -13 expected). Lowest since March 2024.

UK GfK Consumer Confidence September 2024 is disappointing, turns even more deeply...