Here's your summary from RBNZ Would Only Hike to Curb Inflation Expectations, Governor Orr Says (https://www.youtube.com/watch?v=Foihmq0lWOk) on the Bloomberg Television channel:

**TLDR:** Governor Orr of RBNZ stated that another rate hike would only be considered if inflation expectations rise, with a focus on getting inflation down to the 1 to 3% band.

1. Another rate hike would only be considered if inflation expectations start to rise due to actual inflation persistence.

2. The RBNZ is confident in getting inflation down to the 1 to 3% band but wants to avoid another blowout in expectations.

3. Economic growth in New Zealand is expected to pick up from government and private investment, with a focus on rebalancing from consumption to production.

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