Reserve Bank will learn from remit, policy review: Orr

RBNZ governor Adrian Orr says inflation is no one's friend. (Image: NZME)

Tue, 26 Jul 2022

The Reserve Bank of New Zealand is “a learning institution” and will be “very clear” about the lessons it learns from the current review of its monetary policy remit and another review of its recent performance.“We will be very clear on our lessons learnt as we forever seek to do a world-class job for the people of New Zealand,” RBNZ governor Adrian Orr said in a statement.He was responding to a report published earlier today on the mistakes central banks have made since 2019 which have caused inflation. That...

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