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26 Oct 2022

RBNZ Orr: We have our eyes firmly focused on meeting our inflation target

The governor of the Reserve Bank of New Zealand Adrian Orr said the nation is relatively well-positioned, but argued that inflation remains excessive in absolute terms and that global economic challenges are large and imminent.

Key comments

  • It is highly unlikely that we are at maximum sustainable employment if inflation is still high and variable
  • New Zealand's financial system remains well-placed to support the economy.  
  •  We have our eyes firmly focused on meeting our inflation target.

More to come...

Oct 26, 2022

Forex Today: Gear up for another volatile day

What you need to take care of on Thursday, October 27: Another moved journey ended with the American dollar plummeting against its major rivals. The E
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Oct 27, 2022

EUR/JPY Price Analysis: Euro clings above 147.00 as a negative divergence emerges

The EUR/JPY edged higher during Wednesday’s trading session, courtesy of mixed market sentiment, helping the Japanese Yen to curtail earlier losses, t
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