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21 Feb 2020
RBNZ Orr: In favourable position with OCR at 1%
The Reserve Bank of New Zealand's governor, Adrian Orr has said that record-low international interest rates are a new challenge facing the Bank.
- RBNZ in favourable position with OCR at 1%.
- Bank needs to be prepared for the unanticipated.
Orr was speaking in a speech at Canterbury employers' Chamber of Commerce in Christchurch. Full speech here.
More to come...