MNI INTERVIEW: RBNZ OCR Below 1% Possible On Trade Woes

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Apr-16 21:48By: Daniel O'Leary
RBNZ

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A global recession driven by U.S. tariffs could lead the Reserve Bank of New Zealand to downgrade its estimate of the neutral level of interest and reduce its 3.5% Official Cash Rate to below 1%, but uncertainty is elevated, a former senior bank offi...