RBNZ's Orr says NZD is currently around a 'happy space', RBNZ easing bias remains in place

Author: Eamonn Sheridan | Category: Central Banks

 Reserve Bank of New Zealand  Governor Adrian Orr comments 

  • Monetary policy easing bias remains in place for now
  • Says softer economic conditions in US, Europe, China contributed to dovish tone
  • says possibility Q1 inflation undershooting forecasts already factored in to bank's dovish bias
  • Says NZ dollar currently around 'happy space'

Orr interview.

Dovish RBNZ comments knocking a few points out of the kiwi. 

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