FOREX TradingCharts.com

Financial News: RBNZ Orr Expects Economy To Recover In 2020

RBNZ Orr Expects Economy To Recover In 2020

11/14/2019 - 22:48:00 (RTTNews)

(RTTNews) - Reserve Bank of New Zealand Governor Adrian Orr said the economy is not in a recession but it is expected to recover over 2020.

"It is possible that uncertainty could clear up in the coming year if there is closure on the topics of Brexit and trade tensions," he said in a panel remarks delivered to Federal Reserve Bank of San Francisco on Thursday. "We are readying ourselves if we need to act further."

The governor said the bank will continue to communicate and offer forward guidance as to future path of policy.

"In the near future, we will publish the principles that guide our thinking on unconventional tools, and we are currently working our way through operational considerations of the different options," Orr added.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Japan Machine Order Data Due On Thursday (02 hr(s), 40 min(s), 13 sec(s) ago)
(RTTNews) - Japan is on Thursday scheduled to release October figures for core machine orders, hig ...Full Story»

Federal Reserve Leaves Rates Unchanged After Three Straight Cuts (04 hr(s), 29 min(s), 13 sec(s) ago)
(RTTNews) - After three consecutive interest rate cuts, the Federal Reserve on Wednesday announced ...Full Story»

Federal Reserve Leaves Rates Unchanged After Three Straight Cuts (04 hr(s), 48 min(s), 13 sec(s) ago)
(RTTNews) - After three consecutive interest rate cuts, the Federal Reserve on Wednesday announced ...Full Story»

ECB Set To Maintain Status Quo In Lagarde's First Policy Meeting (09 hr(s), 11 min(s), 13 sec(s) ago)
(RTTNews) - The European Central Bank is set to leave its monetary policy unchanged on Thursday in ...Full Story»

U.S. Consumer Prices Rise Slightly More Than Expected In November (09 hr(s), 59 min(s), 13 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Wednesday showed consumer prices in the U ...Full Story»

U.S. Consumer Prices Rise 0.3% In November (10 hr(s), 34 min(s), 13 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Wednesday showed consumer prices in the U ...Full Story»

Portugal Inflation Accelerates As Estimated (12 hr(s), 42 min(s), 13 sec(s) ago)
(RTTNews) - Portugal's consumer price inflation accelerated in November as initially estimated ...Full Story»

South Africa Retail Sales Growth Eases (12 hr(s), 51 min(s), 13 sec(s) ago)
(RTTNews) - South Africa's retail sales growth eased for the fourth straight month in October, ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Japan Machine Order Data Due On Thursday

12/11/2019 - 16:30 PM (RTTNews)
(RTTNews) - Japan is on Thursday scheduled to release October figures for core machine orders, hig ...Full Story>>

Federal Reserve Leaves Rates Unchanged After Three Straight Cuts

12/11/2019 - 14:41 PM (RTTNews)
(RTTNews) - After three consecutive interest rate cuts, the Federal Reserve on Wednesday announced ...Full Story>>

Federal Reserve Leaves Rates Unchanged After Three Straight Cuts

12/11/2019 - 14:22 PM (RTTNews)
(RTTNews) - After three consecutive interest rate cuts, the Federal Reserve on Wednesday announced ...Full Story>>

ECB Set To Maintain Status Quo In Lagarde's First Policy Meeting

12/11/2019 - 09:59 AM (RTTNews)
(RTTNews) - The European Central Bank is set to leave its monetary policy unchanged on Thursday in ...Full Story>>

U.S. Consumer Prices Rise Slightly More Than Expected In November

12/11/2019 - 09:11 AM (RTTNews)
(RTTNews) - A report released by the Labor Department on Wednesday showed consumer prices in the U ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.