Reserve Bank of New Zealand Governor Orr press conference continues
- FLP size revealed, around NZD 28bn
- Orr says expects to pass through to lending rates to be full and .... wholesome ....
- too early to tell if the possibility of negative rates decreasing following FLP and LVR review
More:
- our commitment to keep OCR on hold until March remains
While Orr says its 'too early to tell' on negative OCR markets seem to think it is not. No longer pricing negative rates, NZD surging
