RBNZ Governor Orr Says Inflation Pressures Easing in Global Economy

The transcript discusses the economic impact of a cyclone, focusing on inflation, interest rates, and labor market challenges. It covers global economic conditions, monetary policy, and the role of fiscal policy. The discussion highlights the need for careful coordination between monetary and fiscal policies to manage inflation and support economic recovery.

What are the potential outcomes if inflation expectations continue to rise?

Evaluate responses using AI:

OFF

How does the speaker view the relationship between labor shortages and price pressures?

Evaluate responses using AI:

OFF

What does the speaker mean by the term 'neutral interest rate'?

Evaluate responses using AI:

OFF

What lessons does the speaker draw from the past two to three years regarding monetary and fiscal policy?

Evaluate responses using AI:

OFF