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RBNZ's Orr: We don't rule out a cut in interest rates

RBNZ's Orr: We don't rule out a cut in interest rates

Central Banks
Eamonn Sheridan
23/08/2018 | 22:18 GMT

Reserve Bank of New Zealand Governor Orr speaking on Bloomberg TV.

Orr is in Jackson Hole for the Fed symposium

  • Evenly balanced on rate outlook
  • 'Very pleased' with NZ exchange rate behaviour
  • We don't rule out a cut in interest rates
  • In no rush to be raising interest rates
  • Fundamentals for New Zealand are very positive
  • Biggest risk is business investment
  • Our biggest challenge is getting inflation to rise
  • New Zealand economy supported by exchange rate
  • Optimistic about global growth

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