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RBNZ Orr sees potential for rate cut after early next year

In his address to the parliament’s finance and expenditure committee, RBNZ Governor Adrian Orr noted that the country’s interest rates are already significantly above neutral, thereby suppressing spending and investment. “They (interest rates) are well above what we would consider neutral, are constraining spending and investment,” Orr said. He further stated, “The committee is confident […] The post RBNZ Orr sees potential for rate cut after early next year appeared first on Action Forex... Read More

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Posted: May 25 2023, 04:56

Author Name: actionforex

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