The Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr said on Tuesday that the central bank remains laser-focused on its job to control inflation.
The Reserve Bank of New Zealand Governor Adrian Orr said on Tuesday that the central bank remains laser-focused on its job to control inflation. Orr further stated that the central bank is on track to get inflation back into the target band. Key quotes “The MPC remains laser-focused on its job to control inflation and Carl and Prasanna will play an important part in our discussions.
Qs What is the Reserve Bank of New Zealand? The Reserve Bank of New Zealand is the country’s central bank. Its economic objectives are achieving and maintaining price stability – achieved when inflation, measured by the Consumer Price Index , falls within the band of between 1% and 3% – and supporting maximum sustainable employment.
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