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RBNZ Gov. Orr says downside risks to the economy have lessened

May 27, 2021 at 11:37PM

RBNZ Gov. Orr says downside risks to the economy have lessened
Reserve Bank of New Zealand Governor Orr speaking on a TV interview (Bloomberg TV). 
Orr has been active in the media selling his messages from the RBNZ’s latest monetary policy statement. Which, in brief is that if the economy continues to improve as expected the Bank policy will tighten beginning in H2 (late in H2 most likely)
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