RBNZ Governor Hawkesby: Reaction to our interest rate cuts has so far been slower than anticipated

Added at 3:27pm

RBNZ: GOVERNOR HAWKESBY SAID THE CASE FOR A 50BP RATE CUT WAS BASED ON BUSINESSES AND CONSUMERS BEING OVERLY CAUTIOUS, REQUIRING A SUBSTANTIAL BOOST TO CONFIDENCE AND ACTIVITY.
— First Squawk (@FirstSquawk) August 20, 2025

Added at 3:27pm

RBNZ's Gov. Hawkesby: We expect lenders to price in projected cuts.
— FinancialJuice (@financialjuice) August 20, 2025

Added at 3:40pm

RBNZ GOVERNOR HAWKESBY:

INCREASED TARIFFS AND TRADE BARRIERS EFFECTIVELY A NEGATIVE DEMAND SHOCK FOR THE WORLD
— PiQ (@PiQSuite) August 20, 2025

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