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Comments from RBNZ Governor Orr currently......>

RBNZ
RBNZ: Comments from RBNZ Governor Orr currently crossing the wires. Orr has
reiterated that the RBNZ is in no rush to hike interest rates, and that he
cannot rule out a cut in the OCR, although he did reiterate the Bank's balanced
outlook re: the OCR.
- Orr said he is very pleased with the behaviour of the NZD, which will support
the NZ economy.
- Orr highlighted that the Bank's biggest challenge is getting inflation to
rise, while he noted that the biggest risk to the NZ economy comes from business
investment.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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