The Reserve Bank Governor says she's mindful of the weak economy, as she weighs up Official Cash Rate settings.

Anna Breman made the final call to keep the OCR unchanged at 2.25 percent today.

The Monetary Policy Committee had been evenly split on hiking or holding, and is now signalling it'll go up in September.

Breman says they consider the factors pushing inflation up, but also the weak economy and labour market that could send it downwards.

"We aim to keep inflation low and stable, but we should also avoid unnecessary volatility in the economy."

LISTEN ABOVE

The Reserve Bank Governor says she's mindful of the weak economy, as she weighs up Official Cash Rate settings.
Anna Breman made the final call to keep the OCR unchanged at 2.25 percent today.
The Monetary Policy Committee had been evenly split on hiking or holding, and is now signalling it'll go up in September.
Breman says they consider the factors pushing inflation up, but also the weak economy and labour market that could send it downwards.
"We aim to keep inflation low and stable, but we should also avoid unnecessary volatility in the economy."
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Anna Breman: Reserve Bank Governor on the decision to leave the OCR unchanged at 2.25 percent

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e53f2343-7174-44d9-9dee-b45700627939/transcript