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When questioned re: the need for an............>

RBNZ
RBNZ: When questioned re: the need for an insurance cut Orr notes that OCR is
already low and stimulatory, as well as a good economic starting point. Need for
an insurance cut in the wake of Coronavirus wasn't obvious.
- Did consider benefits of all policy moves re: rates.
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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