Reserve Bank of New Zealand Governor Adrian Orr appearing before NZ Parliament's Finance and Expenditure Committee
- It makes sense for the RBNZ to watch and wait for now
- We have time to watch, wait and worry on policy
Ladies and gentlemen, your next RBNZ Governor.
more to come
There has been plenty from NZ today already … in order:
- RBNZ leaves its cash rate on hold, as expected
- NZD lower on the RBNZ dovish hold statement
- RBNZ Gov Orr says the risks to the rate outlook are balanced, up or down
- More from RBNZ Gov Orr - says NZD very close to fair value
- NZD extending its post RBNZ drop a little more (spilt milk?)
- More from RBNZ Gov Orr - number one risk is low business confidence
