In his interview to the Australian Financial Review (AFR), the Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr said that latest decision to announce a 0.50% rate cut was driven largely by domestic concerns. Key quotes RBNZ’s 50-point cut was driven largely by domestic concerns. We saw our own inflation expectations starting to decline and we didn’t want to be behind that curve. Mr Orr pointed to a long list of global political flash points already weighing on sentiment. FX implications Markets showed little reaction to the news which could have been the key piece if the statements signaled any direction policy action in the future. 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 Breaking: Telegram’s Users Will Soon Be Able To Trade Bitcoin On Their App! FX Street 4 years In his interview to the Australian Financial Review (AFR), the Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr said that latest decision to announce a 0.50% rate cut was driven largely by domestic concerns. Key quotes RBNZ's 50-point cut was driven largely by domestic concerns. We saw our own inflation expectations starting to decline and we didn't want to be behind that curve. Mr Orr pointed to a long list of global political flash points already weighing on sentiment. FX implications Markets showed little reaction to the news which could have been the key piece if the statements signaled… 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.