Note

RBNZ’s Orr Projections consistent with 50 bps in Feb depending on activity

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Reserve Bank of New Zealand’s (RBNZ) Governor Adrian Orr explains the interest rate decision at a press conference following the monetary policy meeting on Wednesday.

Orr is responding to questions from the media.

Key quotes

Misnomer that our projections show slower pace of cuts.

Projections consistent with 50 bps in Feb depending on activity.


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