SILK DEL RBNZ: Interest rates are in a neutral range of 2.5%-3.5% - World Stock Market

RBNZ's Silk: Data to guide timing and need for further cuts - Action Forex

RBNZ Assistant Governor Karen Silk said that interest rates are currently within the estimated neutral band of 2.5% to 3.5%. She noted that the full impact of previous easing has yet to filter through the economy, making any future adjustments highly dependent on incoming data. The OCR track indicates “whatever we do is going to […] The post RBNZ’s Silk: Data to guide timing and need for further cuts appeared first on Action Forex.

SILK DEL RBNZ: Interest rates are in a neutral range of 2.5%-3.5% - World Stock Market

In an interview with Reuters on Friday, the subgovernor of the Bank of New Zealand (RBNZ), Karen Silk, said that “interest rates are in a neutral range of 2.5%-3.5%.” Additional quotes The impact of past cuts has not yet been felt, the strong export sector are arguments not to get off the neutral. The data will decide when or if we cut more from here. The “enormous” uncertainty about the US commercial policy, cannot be reacted to each turn and …