RBNZ Governor Orr to speak soon – live link
<p>The Reserve Bank of New Zealand policy decision is here:</p><ul><li><a href="https://www.forexlive.com/centralbank/rbnz-leaves-cash-rate-unchanged-at-55-as-expected-20231129/" target="_blank" rel="follow" data-article-link="true">RBNZ leaves cash rate unchanged at 5.5%, as expected</a></li></ul><p>and NZD response:</p><ul><li><a href="https://www.forexlive.com/centralbank/rbnz-policy-meeting-nzdusd-surges-20231129/" target="_blank" rel="follow" data-article-link="true">RBNZ Policy Meeting: NZD/USD surges</a></li></ul><p>The Bank left the cash rate unchanged but raised its rate track slightly and said it'd hike again if needed. It also said rates need to remain high. It wasn't all hawk though, the Bank did say it was content with where the rate was for now. </p><p>Orr speaks at 3pm New Zealand time, which is 0200 GMT and 2100 US Eastern time. </p><p>I'll have pertinent headlines but if you'd prefer to tune in:</p><ul><li><a href="https://www.rbnz.govt.nz/news-and-events/events/2023/november/monetary-policy-statement" target="_blank" rel="nofollow">Link to the conference is here.</a></li></ul>
This article was written by Eamonn Sheridan at www.forexlive.com.
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