RBNZ’s Conway: If inflation expectations don't fall, will have to do more on interest rates

Following a keynote address about inflation earlier this Thursday, Reserve Bank of New Zealand (RBNZ) Chief Economist Paul Conway is now addressing the Q&A session.

Key quotes

Monetary policy is definitely having an effect.

Forecasting the economy is very challenging right now.

Confident that the banks that we regulate here in New Zealand are sound.

If inflation expectations don't fall, will have to do more on interest rates.