Reserve Bank of New Zealand governor, Adrian Orr confirmed in a television interview with Bloomberg that he did not rule out a rate cut decision so far. His most prominent statements were as follows:
- Expectations to raise or reduce the interest balanced.
- Very happy with the New Zealand dollar exchange rate in the recent period.
- We are not in a hurry to raise interest rates.
- New Zealand's economic fundamentals are strong.
- There are significant risks facing business investments.
- One of the biggest challenges we face is getting inflation to rise.
- The New Zealand economy is supported by the exchange rate.
- Optimistic about global economic growth.