More on RBNZ Gov Orr's comments earlier - too early to tell if another cut needed

Greg posted remarks from Reserve Bank of New Zealand governor Orr earlier:

(way earlier …)

• RBNZ's Orr: Yesterday's rate cut gets the RBNZ ahead of the curve

They were from a radio interview (Radio NZ, link to the piece here), in brief:

• rate cut would would put more money into the economy
• too early to tell if another cut was needed.
• "committee thought very hard about, 'do we wait or do we move now? Moving now is the best choice for us as far as we consider because it means we get ahead of the curve - we aren't chasing the economy in cycles, we're actually getting ahead and removing the cycles."