NZIER backs second OCR cut in September
The economy is slowing and a further interest rate cut is needed.
Nevil Gibson
Wed, 29 May 2019
The NZIER has joined other economic forecasters in expecting a further Reserve Bank interest rate cut within the next four months.
The latest Quarterly Predictions said the central bank left the door open to further monetary policy easing.
The official cash rate was cut by 25 basis points in
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Nevil Gibson
Wed, 29 May 2019
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