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7 Aug 2019
RBNZ’s Orr: Easily within the realms of possibility that we might have to do negative interest rates
Further comments are crossing the wires from the RBNZ Governor Orr, with the key headlines found below.
It is easily within the realms of possibility that we might have to do negative interest rates.
Today's cut reduces the risk of having to use negative interest rates.
Probably the single biggest challenge to us is just how low global nominal interest rates are.