Reserve Bank of New Zealand Governor Wheeler speaking again, this time at a parliamentary select committee
- Cash rate likely to stay low
- Market got ahead of itself on OCR pricing
Meanwhile, NZD slowly dribbling lower
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Earlier from NZ:
Data: New Zealand Building Consents (permits) (Dec.): -7.2% m/m (prior -9.2%)
And, even earlier, the RBNZ announcement
- Analysts react to the RBNZ decision
- Live stream of the RBNZ press conference
- NZZDUSD initial move is lower after decision
- Full text of the RBNZ statement
- New Zealand dollar quickly lower on the OCR decision
- RBNZ holds rates at 1.75%, as expected
- & ... Wheeler's press conference, highlights here
