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

Job data adds pressure for interest rate cut

Anyone hoping for an interest rate cut is going to have to wait until the spring - at the earliest.
 
Rob Hosking discusses the latest jobs data on NBR Radio and on-demand on MyNBR Radio.

Rob Hosking
Wed, 06 May 2015

The combination of “softer” job market figures and a Reserve Bank of Australia interest rate has stepped up calls for New Zealand’s central bank to follow suit.

ASB Bank chief economist Nick Tuffley has called for an official cash rate (OCR) cut in September and October; other economists are also

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Rob Hosking
Wed, 06 May 2015
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Job data adds pressure for interest rate cut
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