• RBNZ governor Orr says key risks for rate cut are international growth faltering, or international financial conditions tightening

Notícias do Mercado

10 maio 2018

RBNZ governor Orr says key risks for rate cut are international growth faltering, or international financial conditions tightening

  • "Door is open to both a rate cut and a rate rise"

  • Decision was unanimous across monetary policy committee group

  • Inflation "is a concern and that's why we're keeping monetary policy expansionary"

  • Tail off in house prices is a "positive thing" for financial stability concerns; has not yet gone far enough

  • Will make changes at RBNZ as governor, including greater communication

  • "Personally I'm surprised how low business confidence is" in NZ

Chinese inflation down 0.2% in April
Reserve Bank of New Zealand governor Orr says easiest decision had to make in several years, "we can keep the OCR where it is for considerable period of time"
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