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RBZN Wheeler: Neutral OCR may have declined to 4.5%

FXStreet (Bali) - The latest relevant comments from RBNZ Wheeler at his press conference noted that there is still potential for significant declines in the New Zealand dollar, noting that what is perceived as a neutral interest rate may have declined to 4.5%, although recognizing that inflation pressures are still likely to emerge.

RBNZ: Guidance a dovish surprise - Westpac

Imre Speizer, FX Strategist at Westpac, notes that the guidance from the RBNZ today was a dovish surprise to the interest rate markets. The NZD exchange rate was surprised lower.
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Tone of RBNZ slightly more dovish than expected - Nomura

The general tone of the RBNZ statement was slightly more dovish than expected, Charles St-Arnaud, Economist at Nomura, notes.
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