RBNZ Wheeler: Can't rule out rate cut, prudent to hold for now

FXStreet (Bali) - RBNZ Wheeler is crossing the wires once again, noting that he won’t comment on NZ dollar intervention, adding that he can't rule out a future cut, but for now most prudent course of action is to hold. As per the housing market, Wheeler said he is worried about Auckland in particular, lastly saying that non-tradeable inflation rate, and Auckland housing market are having a strong influence on their current rate thinking.