Governor Wheeler to pause and ponder interest rate track
Wheeler to hold off future OCR hikes as economic ground shifts under his feet.
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Hawke’s Bay
Reserve Bank governor Graeme Wheeler will tomorrow deliver a “no change” decision on interest rates, as economists re-evaluate the impact of recent moves by the central bank.
Two questions predominate: one is whether assumptions about what is a “neutral” official cash rate (OCR) are too high. This
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Rob Hosking
Wed, 29 Oct 2014
Wed, 29 Oct 2014
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Governor Wheeler to pause and ponder interest rate track
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