NZ Reserve Bank lifts rate to 3 per cent

By Ben McKay
Updated August 17 2022 - 3:48pm, first published 3:45pm
Core consumer price inflation remains too high in New Zealand, Reserve Bank governor Adrian Orr says (AP PHOTO)
Core consumer price inflation remains too high in New Zealand, Reserve Bank governor Adrian Orr says (AP PHOTO)

The Reserve Bank of New Zealand believes inflation has peaked, but it is two years away from returning to the target band.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Wollongong news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.