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RBNZ assistant governor Silk: Interest rates are in 2.5% – 3.5% neutral band

Reserve Bank of New Zealand assistant governor Silk

  • interest rates are in 2.5%-3.5% neutral band
  • Impact of past
    cuts yet to flow through, strong export sector are arguments for not
    going below neutral
  • Data will decide when or if we cut further
    from here
  • “Enormous” uncertainty around us trade
    policy, cannot react to every twist and turn

Silk in an interview with Reuters.

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

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