Finance

Non, je ne regrette rien: Orr

Jenny Ruth
Thu, 05 May 2022

Non, je ne regrette rien: Orr
Governor Adrian Orr and other RBNZ officials appeared before parliament's finance and expenditure committee. (Image: BusinessDesk)
Jenny Ruth
Thu, 05 May 2022
Reserve Bank of New Zealand governor Adrian Orr said he has no regrets about how he's executed monetary policy and that the central bank has been courageous in acting to raise rates earlier than most other central banks.That's even though the consumers price index hit 6.9% in the year ended March and Orr is charged with containing inflation between 1% and 3%."No, I have no regrets and I will continue to have no regrets," Orr told parliament's finance and expenditure committee."You have to play the cards that are in fr...

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