RBNZ Orr says Bank's cash rate projections for next 2 years deviate little from 5.5%

<p>Reserve Bank of New Zealand Governor Orr is speaking</p><ul><li>says the Bank has time to watch and wait (and worry!) on interest rates</li><li>there are too many uncertainties to provide forward guidance</li><li>is convinced the Bank is being restrictive with its policy over the next 1 to 2 years</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.