RBNZ Governor Orr says that there would have to be an economic shock to cut by 50bp again.
Not a surprise. Yesterday's guidance from the Bank indicated 25bp rate cuts ahead.
More on the Bank's decision can be found here:
ForexLive Asia-Pacific FX news wrap: RBNZ’s 3rd consecutive 50bp rate cut, NZD higher This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( RBNZ Governor Orr rules out further 50bp rate cuts (unless there is an economic shock) )
Also on site :
- '90s Country Legend Takes Requests and Performance Goes Viral
- Conquering Soccer and Arming Warlords
- Israeli strike kills 41 at IRGC headquarters in northern Iran