RBNZ Governor Orr
- Central banks may have to hold rates higher than markets expect
- New Zealand economy has evolved ‘broadly’ as expected
- Discussed rate hike, but strong consensus that rates were sufficient
- Domestic price pressures are easing as expected
- Comforting to see inflation expectations decline
- Data has given us more confidence in the outlook than in November
- We are in a disinflation period
- Economy faces a soft landing scenario
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