WELLINGTON, Feb 8 (Reuters) - Reserve Bank of New Zealand (RBNZ) governor Grant Spencer said on Thursday that recent global market volatility was a "a warning sign" of investor nervousness towards interest rate normalisation.
Spencer told journalists that if the recent volatility in equity markets filtered through to interest rate markets, it could pose a risk to the RBNZ's rate projections.
Spencer made the comments at a press conference after the bank announced it had kept rates on hold at a record low of 1.75 percent and reiterated that it planned to leave interest rates on hold for years as it works to boost inflation. (Reporting by Charlotte Greenfield and John Mair)
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