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RBNZ's Governor Orr: The global economy has been impacted by significant shocks
RBNZ'S GOVERNOR ORR: THE GLOBAL ECONOMY HAS BEEN IMPACTED BY SIGNIFICANT SHOCKS.
— Breaking Market News (@financialjuice) November 23, 2022
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RBNZ'S ORR SAYS WE ARE OFFICIALLY CONTRACTIONARY WITH POLICY
— First Squawk (@FirstSquawk) November 23, 2022
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Orr: Opening remarks to Finance and Expenditure Committee (FEC)
It is good to be with you this morning to present our November Monetary Policy Statement. I’m joined by Assistant Governor/General Manager of Economics, Financial Markets and Banking, Karen Silk, and our Chief Economist Paul Conway, and I acknowledge our other Monetary Policy Committee (MPC) colleagues some of whom are with us today or watching online. Today we are here to outline our most recent Monetary Policy Statement and the reasoning for our OCR decision. To provide the best context possible for the Committee’s decision I will refer briefly to the Reserve Bank’s recently published Review of our monetary ... (full story)