Reserve Bank of New Zealand’ governor, Orr, delivers a speech. Monetary policy remains as effective as ever. Reserve Bank of New Zealand’ governor, Orr, has said that the cut reflected an expected decline in trading partner growth, lower New Zealand inflation expectations, and a global swing to lower interest rates. RBNZ Governor Orr – full speech >>>read here “A slowing global economic outlook, increasingly prompted by pockets of volatile politics, is keeping the world’s central bankers busy. In response to the economic chill, central banks around the world have lowered interest rates – often to record lows – to promote investment and spending. They continue to pursue their mandated low inflation goals. That’s our job. We aim to keep inflation low and stable and contribute to maximum sustainable employment.” Orr said that for small open economies like New Zealand, the exchange rate plays a significant additional role in the competitiveness. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next WTI: Trade war, macro pessimism weigh over upbeat API data, geopolitical tension FX Street 4 years Reserve Bank of New Zealand' governor, Orr, delivers a speech. Monetary policy remains as effective as ever. Reserve Bank of New Zealand' governor, Orr, has said that the cut reflected an expected decline in trading partner growth, lower New Zealand inflation expectations, and a global swing to lower interest rates. RBNZ Governor Orr - full speech >>>read here "A slowing global economic outlook, increasingly prompted by pockets of volatile politics, is keeping the world's central bankers busy. In response to the economic chill, central banks around the world have lowered interest rates - often to record lows - to… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.