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CHRISTCHURCH (Reuters) -Interest rates in New Zealand need to stay restrictive for some time to ensure inflation expectations become fully anchored again, a top central banker said on Friday, while emphasising they were not in a "mindset" to consider cutting. In an interview with Reuters, Reserve Bank of New Zealand Deputy Governor Christian Hawkesby said inflation was on the path toward the centre of its 1% to 3% target band, but the central bank had to stay the course to be sure. "We need to have confidence that inflation expectations and core inflation are all anchored back to that 2%," said Hawkesby.

New zealandNew south walesChristian hawkesbyWayne coleJonathan oatisReserve bankNew zealand deputy governor christian hawkesby