More from RBNZ Governor Orr, says 3.75% is the high end of the range of neutral rates

Reserve Bank of New Zealand media confernce following its third consecutive 50bp rate cut.

More:

• 3.75% is the high end of the range of neutral rates
• Could see faster GDP growth in New Zealand if confidence returns
• Longer term risks include US tariffs, which slow global growth
• Among near term risks is slower growth

Earlier from NZ:

• RBNZ cuts cash rate by 50bp vs. 50bp expected
• NZD/USD lower after the as expected 50bp rate cut from the Reserve Bank of New Zealand

• RBNZ Governor Orr confirms a rate cut in April and then May sounds about right

This article was written by Eamonn Sheridan at www.forexlive.com.