RBNZ assistant governor Silk: Interest rates are in 2.5% - 3.5% neutral band

  • Says impact of past rate cuts yet to flow through

Reserve Bank of New Zealand assistant governor Silk

  • interest rates are in 2.5%-3.5% neutral band
  • Impact of past cuts yet to flow through, strong export sector are arguments for not going below neutral
  • Data will decide when or if we cut further from here
  • "Enormous" uncertainty around us trade policy, cannot react to every twist and turn

Silk in an interview with Reuters.

silk rbnz

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