RBNZ’s Orr: Expect inflation to fall back into target band by end 2024

Reserve Bank of New Zealand’s (RBNZ) Governor Adrian Orr is speaking on the policy outlook at a press conference following the announcement of the monetary policy decision on Wednesday.

Orr is responding to questions from the press.

Key quotes

Expect inflation to fall back into target band by end 2024.

Will take time for domestic inflation to decline.

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