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


Yesterday’s policy decision and press conference:

NZD/USD update:

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