RBNZ Governor Orr says that core inflation is still too high

Orr adds that a concern he has is that inflation will not slow fast enough

• The Bank is not considering rate cuts any time soon

The messages Orr is conveying today match up with those from yesterday’s RBNZ decision and his press conference:

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