RBNZ Governor Orr says that there would have to be an economic shock to cut by 50bp again.
Not a surprise. Yesterday's guidance from the Bank indicated 25bp rate cuts ahead.
More on the Bank's decision can be found here:
RBNZ Governor Orr says that there would have to be an economic shock to cut by 50bp again.
Not a surprise. Yesterday's guidance from the Bank indicated 25bp rate cuts ahead.
More on the Bank's decision can be found here:
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