RBNZ Governor Adrian Orr is due to speak about the future of New Zealand’s monetary policy framework and the economic projections of the Reserve Bank of New Zealand, in Wellington. Audience questions are expected, which will make his speech very interesting for NZD traders. Recently we have seen four major central banks shift from neutral/hawkish to dovish/neutral. The New Zealand economy has weakened as well as the other developed economies. The RBNZ cut interest rates in the August meeting last year and in March to 0.25%, but is not expected to cut again this time. But it would be interesting to see where they stand now since coronavirus didn't really penetrate New Zealand, while in other countries it has stopped the economy dead, but retail sales have declined in the last two quarters, but let's see what the RBNZ holds in its purse.