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

Editor's Insight: Why the Reserve Bank should cut interest rates

Powerful business interests are rallying to pressure a Reserve Bank backdown on its high interest-rate policy.

Fri, 28 Nov 2014

Powerful business interests are rallying to pressure the Reserve Bank to ease its tight monetary policy.

This echoes a warning I made in early September that only pride stood between the Reserve Bank “aggression” on interest rates and a possibly recession-inducing interest-rate hike.

This call

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Editor's Insight: Why the Reserve Bank should cut interest rates
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