WELLINGTON, Feb 25 (Reuters) - New Zealand's central bank...

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    WELLINGTON, Feb 25 (Reuters) - New Zealand's central bank governor said on Thursday that inflation will need to sustainably be at its target midpoint range before any tightening of monetary conditions are considered.

    Adrian Orr also said the bank wants to make sure that the economy does not get into a deflation spiral.

    The Reserve Bank of New Zealand (RBNZ) left interest rates unchanged on Wednesday, adding that continued monetary stimulus was necessary. (([email protected]; +6448028163; Reuters Messaging: [email protected]; Twitter: https://twitter.com/Journopraveen))

 
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