RBNZ Governor Orr: Want to Avoid Doing ‘Too Little Too Late’

Bloomberg Markets and Finance published this video item, entitled “RBNZ Governor Orr: Want to Avoid Doing ‘Too Little Too Late'” – below is their description.

Reserve Bank of New Zealand Governor Adrian Orr discusses monetary policy and the outlook for the economy. The central bank on Wednesday raised interest rates by half a percentage point for a second straight meeting and forecast further aggressive hikes to come to tame inflation. Orr also discusses the prospects for China’s economy, Federal Reserve policy, and the implications for New Zealand. He speaks with Kathleen Hays, Haidi Stroud-Watts and Shery Ahn on “Bloomberg Daybreak: Asia.”

Bloomberg Markets and Finance YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - Bloomberg Markets and Finance

Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

Bloomberg Books #Ad

Recent from Bloomberg Markets and Finance:

Fed Chair Powell Says Job Market Is ‘Unsustainably Hot’

Powell: Achieving Soft Landing ‘Very Challenging’

‘Bloomberg The Open’ Full Show (06/22/2022)

In This Story: China

China is the third largest country in the world by area and the largest country in the world by population. Properly known as the People’s Republic of China, the political territory of the country includes Tibet and Hong Kong. The capital is Beijing.

7 Recent Items: China

China ready to offer emergency assistance to quake-hit Afghanistan

Afghanistan hit by deadliest earthquake in 20 years, killing hundreds of people

Baz Luhrmann’s ELVIS | Final Trailer

Is Sri Lanka a victim of Chinese ‘debt traps’? – BBC Newsnight

Days of heavy rain cause flooding in China, India, Bangladesh

Millions Affected As Torrential Rain Leads To Flooding In Southern China

Representative of Ulusal Kanal TV greets China Documentary Festival

In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

1 Recent Items: Inflation

We want to get the housing market back on a sustainable path, says Fed Chair Jerome Powell

In This Story: New Zealand

New Zealand is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island and the South Island —and around 600 smaller islands, covering a total area of 268,021 square kilometres.

4 Recent Items: New Zealand

Representative of Ulusal Kanal TV greets China Documentary Festival

Malacca’s special envoy to China sends congrats on China Documentary Festival

Nigerian artist wishes China Documentary Festival a huge success

Bernard Dewit: China Documentary Festival shows film industry’s creativity

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.

Posting....