RBNZ Governor Orr
- Current economic environment is weak
- Economy weaker than
anticipated six months ago - We have strong
control over the inflation story - No talk on committee
of raising rates again - We are not done yet
on inflation but definitely moving in right direction - If inflation
expectations well anchored we can look through some noise
Kiwi $ is barely moving. Orr is pounding the dovish table.
This article was written by Eamonn Sheridan at www.forexlive.com. Source