Don Brash: Former Reserve Bank Governor says he does not envy Adrian Orr's position
Reserve Bank Governor Adrian Orr is in a difficult situation.
The central bank has hiked the Official Cash Rate by a further 25 basis points to 5.5 percent.
But it's also surprised many by indicating it's unlikely to hike the OCR any further, before it starts to cut the OCR towards the end of next year.
Former Reserve Bank Governor Don Brash told Mike Hosking while he's as shocked as everyone else, he doesn't envy Orr's position.
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