New Zealand Reserve Bank Governor: Rate Hikes or Cuts Not Ruled Out

New Zealand Reserve Bank Governor Adrian Orr has indicated that the central bank is open to both raising and lowering interest rates in the future. According to Jin10, Orr emphasized the importance of flexibility in monetary policy to address changing economic conditions. The Reserve Bank of New Zealand is closely monitoring economic indicators to determine the appropriate course of action. Orr's comments suggest a cautious approach as the bank navigates potential economic challenges. The central bank's decision will depend on various factors, including inflation trends and global economic developments.