PremiumJenée TibshraenyWellington Business Editor·NZ Herald·14 Jul, 2026 05:13 AM4 mins to read‌Reserve Bank chief economist Paul Conway speaks almost a week after the first OCR hike in three years. Photo / Mark MitchellReserve Bank chief economist Paul Conway is laser-focused on ensuring people don’t start expecting inflation to be above target in the future. If they do, he fears businesses could hike prices too much, causing a bigger inflationary problem that is painful to get on top of.

Conway is