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Adrian Orr: Reserve Bank Governor says interest rates will continue to rise

EPISODE · Feb 23, 2022 · 7 MIN

Adrian Orr: Reserve Bank Governor says interest rates will continue to rise

from Best of Business · host Newstalk ZB

Expect interest rates to continue rising as the Reserve Bank tries to get inflation under control. The central bank has upped the Official Cash Rate by 25 basis points to one percent. Reserve Bank Governor Adrian Orr told Mike Hosking the country's been very fortunate, with strong export prices and business and household balance sheets. “So we’re in good shape, but interest rates need to go higher because we don’t want inflation to become embedded.” LISTEN ABOVESee omnystudio.com/listener for privacy information.

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Adrian Orr: Reserve Bank Governor says interest rates will continue to rise

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