Reserve Bank 'not in a good place', admits governor - RNZ

Supply chain shocks and the Russian invasion of Ukraine have exacerbated inflation pressures, RBNZ's Adrian Orr has told an International Monetary Fund seminar.

The Reserve Bank has signalled it will press on with aggressive monetary policy tightening to keep inflation and inflation expectations in check. Rising petrol and food costs are hitting household b… [+2227 chars]

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