25 Nov 2021

Rates are rising: Adrian Orr

From Nine To Noon, 10:05 am on 25 November 2021

Kathryn is joined by Reserve Bank Governor, Adrian Orr, to discuss the central bank's decision to raise the official cash rate by 25 basis points (0.25 pct) to 0.75 percent as it looks to get strong inflation pressures under control.  The RB has signalled it expects to keep raising the OCR through next year as well.

Governor of the Reserve Bank Adrian Orr.

Governor of the Reserve Bank Adrian Orr. Photo: RNZ / Dom Thomas