Reserve Bank hasn't ruled out negative interest rates
UPDATED: The official cash rate is now 1.0%, the lowest in New Zealand history.
Nevil Gibson Wed, 07 Aug 2019
Reserve Bank governor Adrian Orr hasn't ruled out the possibility of negative interest rates after the bank cut the official cash rate from 1.5% to 1%.
In a news conference, Orr said the bank was working with experts, including internationally, to determine whether negative interest rates,
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