RBNZ Orr says Bank’s cash rate projections for next 2 years deviate little from 5.5%

Reserve Bank of New Zealand Governor Orr is speaking

  • says the Bank has time to watch and wait (and worry!) on interest rates
  • there are too many uncertainties to provide forward guidance
  • is convinced the Bank is being restrictive with its policy over the next 1 to 2 years

This article was written by Eamonn Sheridan at www.forexlive.com. Source