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RBNZ Governor Orr says reopening of New Zealand border does not change political outlook

Governor Orr’s press conference now:

  • the reopening of the New Zealand border does not change the political outlook
  • 25bp hike offers more options, may take some time at this point
  • not worried about rising wages, they behaved well
  • given the huge debt load, we need to be careful
  • the rise in house prices will moderate as interest rates rise

more soon

I’ll have the relevant titles as I go, but the Live link is here if you prefer.


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