New Zealand Won’t Rush to Raise Rates, Comfortable With More Inflation
Adrian Orr, governor of the Reserve Bank of New Zealand (RBNZ), right, gestures as Christian Hawkesby, assistant governor and general manager of economics, center, and Yuong Ha, chief economist and head of economics, listen during a news conference in Wellington, New Zealand. (Photographer: Birgit Krippner/Bloomberg)

New Zealand Won’t Rush to Raise Rates, Comfortable With More Inflation

(Bloomberg) -- New Zealand’s central bank would be comfortable with inflation above the midpoint of its 1-3% target range and will hold interest rates at a record low for a prolonged period even if...
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