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Reserve Bank New Zealand Governor Orr: Definitely moving the right direction on inflation

RBNZ Governor Orr

Current economic environment is weakEconomy weaker than
anticipated six months ago We have strong
control over the inflation storyNo talk on committee
of raising rates againWe are not done yet
on inflation but definitely moving in right directionIf inflation
expectations well anchored we can look through some noise

Kiwi $ is barely moving. Orr is pounding the dovish table.

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

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