New Zealand PM Luxon:
- Our commitment is to stimulate the economy by pursuing efforts to reduce the cost of living, inflation and interest rates.
Luxon talks mainly about the increased competition in the country's banking sector but he concealed a mention of rates.
NZD/USD a few ticks lower, around 0.5828.
This article was written by Eamonn Sheridan at www.forexlive.com.
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