Forget about rate hikes; how about a rate cut?
The Reserve Bank has missed its core inflation target for eight years
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Hawke’s Bay
Most economists and the Reserve Bank are trying to forecast when the official cash rate will need to rise but independent economic commentator Michael Reddell says the central bank should cut the OCR.
Mr Reddell says the last time the Reserve Bank hit the midpoint of its 1% to 3% core inflation
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Jenny Ruth
Mon, 29 Jan 2018
Mon, 29 Jan 2018
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Forget about rate hikes; how about a rate cut?
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