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Reserve Bank of New Zealand's governor resigns after seven years of service

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Summary
Nutrition label

88% Informative

New Zealand central bank's Governor Adrian Orr has resigned after seven years of leading the bank.

Deputy Governor Christian Hawkesby will be acting governor until end of March.

New Zealand has been plagued with high unemployment figures that have seen foreigners leave the country in droves.

The country's inflation has since eased, offering the central bank room to cut rates.

VR Score

93

Informative language

96

Neutral language

43

Article tone

formal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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