RBNZ Dep Gov Bascand spoke Wednesday, highlighted supply-driven price pressures
Bascand spoke to NZ media (Rates will rise but when is the question: Bascand)
(ps. that link is gated)
Doing a bit of a catch up now, Bascand said very loose policy will not last 'forever'. Not new news, that and a bit obvious. But also, said international shipping costs were high, and is watching how these, and other supply constraints, translate into expectations for inflation and wage pressure.