More from RBNZ Governor Orr says 3.75% is the high end of the range of neutral rates

February 19, 2025
-FCHFX

February 19, 2025 at 02:21AM
Reserve Bank of New Zealand media confernce following its third consecutive 50bp rate cut.

3.75% is the high end of the range of neutral rates

Could see faster GDP growth in New Zealand if confidence returns

Longer term risks include US tariffs, which slow global growth

Among near term risks is slower growth

Earlier from NZ:

RBNZ cuts cash rate by 50bp vs. 50bp expected

NZD/USD lower after the as expected 50bp rate cut from the Reserve Bank of New Zealand

RBNZ Governor Orr confirms a rate cut in April and then May sounds about right

This article was written by Eamonn Sheridan at www.forexlive.com.

More from RBNZ Governor Orr says 3.75% is the high end of the range of neutral rates

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