Interest rates: RBNZ's tactical vagueness to remain
Prospects of an interest rate cut may have been over-interpreted by financial markets.
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Hawke’s Bay
The Reserve Bank will review interest rates again this Thursday but, really, its work was done last week.
The central bank’s chief economist, John McDermott, signalled on Thursday last week that any change would be some way off.
The speech by Dr McDermott has been interpreted in different ways:
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Rob Hosking
Tue, 28 Apr 2015
Tue, 28 Apr 2015
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Interest rates: RBNZ's tactical vagueness to remain
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