Our Rate Cut Reduces Probability of Having to Do More Later, Says RBNZ’s Orr

The transcript discusses the impact of global trade uncertainties on New Zealand's economy, focusing on monetary policy decisions, inflation expectations, and fiscal policy. It highlights the importance of staying ahead of global economic forces and the potential use of unconventional monetary tools. The discussion also covers the risks associated with economic slowdown and the strategic decisions made by the Reserve Bank of New Zealand to maintain economic stability.

What are the challenges faced by the New Zealand economy regarding employment?

How does the Reserve Bank of New Zealand view the relationship between interest rates and economic growth?

In what ways can negative interest rates impact consumer behavior?

What strategies might the Reserve Bank of New Zealand consider if economic conditions worsen?