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Explainer - Reserve Bank governor Adrian Orr says it's the price New Zealanders will have to pay to get inflation under control - but what exactly is a recession and what could it mean for you?

United statesNew zealandNew zealandersBrad olsenShamubeel eaqubAdrian orrGyles beckfordJulius shiskinNoon the reserve bankBank monetary policy committeeUnited states bureau of labour statisticsReserve bankOfficial cash rateLabour statisticsMonetary policy committeeMorning report