Orr Speech: RBNZ Governor explains interest rate-cut decision at the presser
Most economists polled by Reuters predicted a 50 bps rate reduction at the February policy meeting. The RBNZ has delivered a cumulative 125 bps of cuts since August last year. Therefore, the central ...
RBNZ’s Orr: OCR path projects 50 bps by mid this year, around July
Orr is taking questions from the media. OCR path projects 50 bps by mid this year, around July. Economy has significant spare capacity. Cuts in April and May are about right. NZD/USD keeps losses as ...