RBNZ's Adrian Orr pledges to address central bank's lack of open dialogue

Thu, 10 May 2018

By Rebecca Howard May 10 (BusinessDesk) - Reserve Bank governor Adrian Orr greeted journalists in English, Maori and sign language and pledged to address a lack of open dialogue at the central bank in his first press conference at the helm. Orr said he has taken up the mantle in a "sweet spot" and that today's decision to keep rates on hold at 1.75 percent was a piece of cake. "It has been the easiest decision I have had to make for 11.5 years. Easy in the sense that we are in a good spot. We can keep the OCR where it is for a considerab...

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