Adrian Orr: More work to do on inflation

Adrian Orr wants to get inflation expectations down. (Image: Dileepa Fonseka/BusinessDesk)

Fri, 16 Feb 2024

The Reserve Bank of New Zealand's governor, Adrian Orr, says more work is needed to get inflation down.Orr made the comments this morning (Feb 16) at the University of Waikato's NZ economics forum, where he appeared before attendees via video link.“All measures of core inflation have declined. We’re all moving in the right direction,” he said.“But it’s this tail-end [inflation], you know; 4.7 is more than two times 2%, and we’ve got more work to do to have inflation expectations truly anchored at that...

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