Live stream from the Reserve Bank of New Zealand is available at this link
Governor Orr's press conference begins at 0300GMT
Background:
- RBNZ cut the New Zealand cash rate by 50bps, bigger than expected
- RBNZ cuts the cash rate by a whopping half a percent - NZD down a big figure
More:
- Another RBNZ rate cut ahead - further cut in November on the way
- AUD dropping with the NZD
- NZD under 0.6450, big drop on the surprise from the RBNZ