RBNZ’s Orr: No urgency to further easing at this point

More comments are crossing the wires from the RBNZ Governor Orr, as he now responds to the Q&A session.

Predicting economy to pick up in new year.

Policy stimulatory, will be for a long time, will act again if necessary.

No urgency to further easing at this point.

Ups and the downs in economic data since august statement broadly offsetting each other.

If circumstances change, "we will act".