RBNZ Gov Orr's press conference finished, but there is more Orr to come at 0100GMT

Earlier today we got the much changed Reserve Bank of New Zealand monetary policy statement

The cash rate itself was unchanged at 1.75%

  • But the Statement took a decidedly dovish turn, with the forecast for the next rate increase pushed back to Q3 of 2020

More at these posts:

  1. RBNZ leaves its cash rate on hold, as expected
  2. NZD lower on the RBNZ dovish hold statement
  3. RBNZ Gov Orr says the risks to the rate outlook are balanced, up or down
  4. More from RBNZ Gov Orr - says NZD very close to fair value

Still to come from the governor, at 0100GMT, he will be in front of a parliamentary committee to answer questions

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