Ahead of the NZ inflation data - interview with RBNZ Orr (from Tuesday)

Author: Eamonn Sheridan | Category: Central Banks

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. ;-) 

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