We have seen ongoing momentum in domestic demand and persistently tight capacity constraints, ... We remain concerned that inflation pressures are not abating sufficiently to achieve our medium-term target.

Alan Bollard

Related Quotes

Whitebait is New Zealand's caviar and is special. Everybody likes eating whitebait, especially lightly cooked in fritters.

— Alan Bollard

The correction of these imbalances and associated inflation pressures will require a slowdown in housing, credit growth and domestic spending, ... We also expect a significantly lower exchange rate.

— Alan Bollard

The most serious risk to medium-term inflation is the continuing strength of household spending, supported by a relentless housing market and rapid growth in mortgage lending,

— Alan Bollard

Further policy tightening may still prove necessary. Certainly, there remains no prospect of a cut in the foreseeable future.

— Alan Bollard

Fiscal policy is adding to uncertainty,

— Alan Bollard