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More from RBNZ Governor Wheeler (and McDermott)

Discussion in 'Fundamental Analysis' started by ForexLive, Jun 9, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Wheeler went from the RBNZ press conference to Parliament - RBNZ's ability to influence currency very limited - NZD outlook assumes a stronger USD - Fed rate increase 'would certainly be helpful' McDermott may have had the most telling comment, saying the economy is forecast to run faster than potential. That's the kind of thing you say when you're not planning to cut rates anymore.

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