MNI RBNZ WATCH: Orr Signals More Gradual Cuts Ahead

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Feb-19 07:27By: Daniel O'Leary
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The Reserve Bank of New Zealand is likely to decelerate Official Cash Rate cuts, with 25-basis-point adjustments signaled for both the April and May meetings, Governor Adrian Orr told reporters following Wednesday's 50bp reduction to 3.75%. "We are ...