Ahead of the NZ inflation data - interview with RBNZ Orr (from Tuesday)
Reserve Bank of New Zealand Governor Orr gave an interview to Reuters, headlines here:
There is a follow-up piece from with comments from various analysts on a perceived lack of clear communication from Orr:
ps. the next RBNZ monetary policy decision is due May 7. Its the first where Orr will not have the one and only vote. Its the new 7 person committee to decide.
- Orr and 3 other members of the committee are internal to the Bank
- 3 members are external to the bank.
Orr should still get his way, if the other 3 internal members know what is good for their careers, that is. ;-)