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

February 19, 2025
-FCHFX

February 19, 2025 at 02:09AM
Earlier:

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

Media conference now. RBNZ Governor Orr leading the team.

Economy has significant spare capacity

rate cut in April and then May sounds about right, two 25bp steps lower

among the near term risks is slower economic growth

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

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

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