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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
1 mins to read

Canadian OCR drop a 'blueprint for RBNZ' – Citibank

Reserve Bank urged to put economy ahead of financial stability risk.

Nevil Gibson
Thu, 16 Jul 2015

See also: Editor’s Insight: Canada’s ‘toxic mix’ of recession and housing bubble

Economists at Citibank are linking a cut in Bank of Canada’s official cash rate to a similar projected move by the Reserve Bank of New Zealand as early as next week.

The BoC cut its rate by 25bps to 0.50% overnight

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Nevil Gibson
Thu, 16 Jul 2015
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Canadian OCR drop a 'blueprint for RBNZ' – Citibank
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