RBNZ's Richardson: All options for size of rate hike were open but 25 bps was briefly considered RBNZ CentralBanks NZDUSD InterestRate Inflation
committee member Adam Richardson commented on hot inflation and on the board’s rate hike debate, in an interview with The Wall Street Journal ."The inflation shock that is going on around the world continues to leak into domestic prices a bit more than we assumed,"“The monetary policy committee’s Aug. 17 meeting did canvas all options for the size of its rate increase, but a smaller 25-basis-point move wasn’t given much consideration.
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