Reserve Bank’s OCR hike appears justified as inflation rises above target
Inflation reached 4.1% in June, exceeding the Reserve Bank's target band as the economy recovers.
Inflation climbed to 4.1% in June, moving above the Reserve Bank's target band. The rise comes as the economy shows signs of recovery. The Reserve Bank's recent OCR hike appears justified in light of these inflation pressures.
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NZ Herald
Why the Reserve Bank’s OCR hike looks justified as economy recovers
OPINION: Inflation reached 4.1% in June, above the target band.