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@ CNBC World - by layer3.news
2025-03-05 02:11:29
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✍️ Adrian Orr, governor of the Reserve Bank of New Zealand, will step down at the end of the month after seven years of leading the bank.
👉 Adrian Orr to step down as governor of the Reserve Bank of New Zealand
👉 Deputy Governor Christian Hawkesby to take over as acting governor
👉 New Zealand has faced challenges including a recession, high unemployment, and high inflation
👉 Inflation rate has since eased, offering the central bank room to cut rates
#AdrianOrr #ChristianHawkesby #NicolaWillis #Wellington #NewZealand #politics
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