-
RBNZ Orr: Expect inflation to fall back into target band by end 2024
Governor Orr speaking at the Reserve Bank of New Zealand Monetary Policy Statement media conference. He is sounding a little less hawkish than the Statement. Q&A: • Will take time for domestic inflation to decline. • Economy has lower potential growth rate, unsure if that is temporary. • Have limited upside room for inflation surprises. • Pleased that inflation expectations are falling, need to fall further. • OCR track is a central projections, not an absolute prediction.
- Comments
- Subscribe
- Comment #1
- Quote
- May 22, 2024 1:31am May 22, 2024 1:31am
- Guest
- | IP XXX.XXX.125.84
-
- Older Stories
From rbnz.govt.nz|May 21, 2024video At 2pm we publish: the official cash rate our Monetary Policy Statement our media release about the Monetary Policy Statement. The Monetary Policy Statement is published ...
From channelnewsasia.com|May 21, 2024Oil prices fell for a third straight session on Wednesday on expectations the Federal Reserve could keep U.S. interest rates higher for longer due to sustained inflation, ...
From energyintel.com|May 21, 2024A potential blockade by Iran of shipping transit through the Strait of Hormuz could send the global LNG market into disarray, with particular focus on the interruption of LNG ...
-
- Newer Stories
From ibtimes.com|May 21, 2024The US Department of Energy announced Tuesday that it will sell off a million barrels of gasoline from a small strategic reserve in the northeast, paving the way for its closure. ...
From justice.gov|May 22, 2024Two related companies that operated the motor tanker PS Dream – Prive Overseas Marine LLC and Prive Shipping Denizcilik Ticaret – pleaded guilty today to conspiracy, knowingly ...
From euronews.com|May 22, 2024UK inflation data due on Wednesday is expected to fall close to the government’s 2% target. Almost three years on from the start of price spikes, how has the economy changed? ...
- Story Stats
- Posted: May 21, 2024 11:04pm
- Submitted by:Category: Low Impact Breaking NewsComments: 1 / Views: 3,064
- Linked event:
