Reserve Bank of New Zealand assistant governor Silk
- interest rates are in 2.5%-3.5% neutral band
-
Impact of past
cuts yet to flow through, strong export sector are arguments for not
going below neutral -
Data will decide when or if we cut further
from here - “Enormous” uncertainty around us trade
policy, cannot react to every twist and turn
Silk in an interview with Reuters.
This article was written by Eamonn Sheridan at www.forexlive.com.